The merger will combine Adept’s production-line prowess with MobileRobot’s AGVs and transport systems, creating new market opportunities in industrial automation.

Adept Technology rides a vertical market and geographic diversification strategy to a strong year-end performance, bucking the robotics industry trend.

The Cobra s800 Inverted delivers high-speed packaging capabilities to companies outside the automotive industry, as Adept looks to stay in the black.

The company has been rebuilding itself over the last two years, divesting its systems integration business, adding a new management team, and refocusing on robotics, motion control, and machine vision.

Robotics maker completes 18-month "recovery process," restarts revenue and earns $1 million for the year.

Designed for precision assembly, the speed and payload capacity of these robots make them ideal for material handling, packaging and testing applications.