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Another robot acquisition: Vecna acquires VGo

By Frank Tobe | July 16, 2015


Vecna, a growing robotic mobility provider for hospitals and warehouses, acquired VGo, a provider of mobile telepresence devices, for an undisclosed amount.

VGo Communications has amassed $10.3 million in 4 funding rounds, the last in 2013. VGo received much media attention for the use of their VGo mobility devices for remote presence schooling. They also got attention for an intellectual property infringement suit by InTouch Health which they won in late 2012.

Vecna Technologies, a Cambridge-based builder of healthcare solutions including tugs, software and a clever 24/7 maintenance network system, with this acquisition, can expand their healthcare client services to include offering remote presence care using VGo’s technology.

Similar to the strategic acquisition of Segway by Chinese Ninebot – a situation where Segway was suing Ninebot for IP infringement – and where Segway’s IP passed on to Ninebot, VGo’s IP, which has already undergone thorough court vetting, passes on to Vecna in the VGo acquisition.

Consolidation of VGo into Vecna is under way and VGo’s staff is moving into Vecna’s Cambridge facility.

About The Author

Frank Tobe

Frank Tobe is the founder of The Robot Report and co-founder of ROBO Global which has developed a tracking index for the robotics industry, the ROBO Global™ Robotics & Automation Index. The index of ~90 companies in 13 sub-sectors tracks and captures the entire economic value of this global opportunity in robotics, automation and enabling technologies.

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