Tech Company M&A Transactions
RE2 Acquisition
Headquartered in Pittsburgh, RE2 was bought by Sarcos Robotics. The companies indicated that total deal value was $100 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/28/2022
Transaction Type
M&A
Amount
$100,000,000
M&A Terms
TechCrunch reports that the deal includes $30 million in cash and $70 million in Sarcos stock.
Company Information
Company Status
Acquired or Merged
Industry
Robotics
Mailing Address
4925 Harrison St.
Pittsburgh, PA 15201
USA
Pittsburgh, PA 15201
USA
Phone
Website
Email Address
Overview
Robotics Engineering Excellence (RE2, Inc.), located in Pittsburgh, PA, is a Carnegie Mellon spin-off specializing in defense robotics with an emphasis on intelligent modular manipulation for mobile robotic platforms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jorgen Pedersen
Chief Technical Officer
Keith Gunnett
VP - Bus. Development
Reeg Allen
VP - Engineering
Timothy Davison
VP - Marketing
Jess Pedersen
VP - Operations
Douglas Peters
VP - Product Management
Jack Reinhart
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