Revolution Acceleration Acquisition Corp. (RAAC) to Combine with Berkshire Grey in $2.2Bn Deal

Revolution Acceleration (NASDAQ:RAAC) has entered into a definitive agreement to combine with AI robotics firm Berkshire Grey at an enterprise value of $2.2 billion, or 2.4x its 2025E revenue. Bedford, Massachusetts-based Berkshire Grey provides software and hardware to build automated warehouses and fulfillment centers. The deal is expected to be completed in the second quarter
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