By: KDKA-TV News Staff
PITTSBURGH (KDKA) – A Pittsburgh-based robotics company is being acquired by a Utah company.
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The deal between RE2 Robotics and Sarcos Robotics is valued at $100 million.
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RE2 emerged from Carnegie Mellon University more than two decades ago and today has more than 100 employees in Pittsburgh. Both companies make robotic arms and products for government and commercial applications.
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The deal is expected to close in the next few months.
https://pittsburgh.cbslocal.com/2022/03/28/re2-robotics-acquired-sarcos-robotics/ Pittsburgh-based RE2 Robotics is acquired by Sarcos Robotics – CBS Pittsburgh