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Business/Financial

Raytheon Acquires Robotics Technologies From Sarcos

DDN

Wednesday, November 14th, 2007

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Raytheon [RTN] said on Monday it has acquired the robotics technologies and capabilities from Sarcos Inc., which does research and development in advanced robotics systems for industry and entertainment, medical devices, and mechanical and electrical microsystems. Terms of the deal were not disclosed. Sarcos, based in Salt Lake City, Utah, has 56 employees. Its customers include DoD and the Defense Advanced Research Projects Agency. The company has developed mechanical systems with a "human level of dexterous control," Sarcos says on…

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