Zebra sells off its Fetch AMR division

Zebra Technologies Corp. has sold its Fetch Robotics division to Skild AI, a Pittsburgh-based robot intelligence developer. The deal includes cash consideration and an equity stake in Skild AI for Zebra. Zebra acquired Fetch Robotics for around $300 million in 2021 but has decided to shed the autonomous mobile robot division to focus on high-growth areas such as RFID, machine vision, and AI. Skild AI's core technology, the Skild Brain platform, can control any robot without prior knowledge of its exact body form. Skild AI aims to provide a full end-to-end automation solution for warehouses, including humanoids, robotic dogs, robotic arms, and AMRs, along with an orchestration layer to control them. The acquisition is expected to accelerate the deployment of robotics automation solutions.