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Garrett Parsons

Robotic Assistance Devices acquired by OMVS

Reverse merger gives RAD access to capital to drive continued growth of its robots-as-a-service model

LAGUNA HILLS, Calif.—Robotic Assistance Devices (RAD), a North American distributor for SMP Robotics, announced its acquisition by On the Move Systems or OMVS. The deal was finalized on Aug. 31.