Agile Robots acquires majority stake in XNG Automation to boost India manufacturing presence

Agile Robots: Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production

"We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India managing director Saravanan Solaiappan said without sharing financial details of the deal. Foxconn vendor and AI robotics company Agile Robots has acquired a majority stake in Bengaluru-based XNG Automation to expand local production. Agile Robots supplies automation solutions to companies like Foxconn and Tata Electronics in India. Both of these companies are engaged in the production of the Apple iPhone. "We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India managing director Saravanan Solaiappan said without sharing financial details of the deal. He said that XNG Automation matches the company's requirement for immediately scaling up local production. XNG has around 200 employees and specialises in factory and intralogistics automation. "The company has deep expertise in system integration and machine vision in industries including consumer electronics, automotive, and electric vehicles. It has worked with clients including Bosch and Toyota," Agile Robots said in a statement. Agile Robots Executive Director, Rory Sexton, said that the deal will enable the company to access and serve more customers. "Combining our advanced robotic hardware and AI software with XNG's deep integration expertise means we can better support Indian manufacturing's transition towards intelligent, AI-enabled production," he said. Founded in 2018 as a spin-off from the German Aerospace Center (DLR) in Munich, and with deep roots in German mechanical engineering, Agile Robots has installed over 20,000 robotics solutions worldwide in sectors including consumer electronics and automotive. In 2024, Agile Robots opened a high-tech production facility in Chennai and a regional headquarters in Bengaluru. PTI

Germany's Agile Robots acquires majority stake in Bengaluru's XNG Automation to expand India footprint

The acquisition comes months after Munich-based Agile Robots announced a strategic research partnership with Google DeepMind to integrate the latter's Gemini Robotics foundation models into its industrial robots. Germany-based artificial intelligence (AI) robotics company Agile Robots has acquired a majority stake in Bengaluru-based factory and intralogistics automation firm XNG Automation, as it looks to expand its presence in India's manufacturing automation market. The companies did not disclose the financial details of the transaction.The acquisition comes months after Munich-based Agile Robots announced a strategic research partnership with Google

Agile Robots SE grows in India with investment in XNG Automation

Agile Robots has taken a majority stake in XNG Automation, a factory and intralogistics automation specialist in India. As India's manufacturing sector undergoes rapid expansion and modernization, the investment strengthens Agile Robots' ability to sell its robotics and automation solutions to customers across the country. "Investing in and partnering with XNG Automation further strengthens Agile Robots' position in the rapidly growing Indian manufacturing sector" said Rory Sexton, Executive Director at Agile Robots. "It will enable us to access and serve more customers. Combining our advanced robotic hardware and AI software with XNG's deep integration expertise means we can better support Indian manufacturing's transition towards intelligent, AI-enabled production." Rakesh Bhat, CEO XNG Automation said, "This collaboration with Agile Robots SE strengthens XNG Automation with world-class manufacturing expertise, resources, and global capabilities, enabling it to better serve customers and scale rapidly across India." Founded in 2018 as a spin-off from the German Aerospace Center (DLR) in Munich, and with deep roots in German mechanical engineering, Agile Robots has grown rapidly. The company has installed over 20,000 robotics solutions worldwide in sectors including consumer electronics and automotive. Today it is pushing the boundaries of Physical AI - intelligence applied to entire production systems. The company's portfolio includes the world-leading dexterous Agile Hand, and the humanoid for industry, Agile ONE. XNG, based in Bengaluru with 200 employees, specialises in factory and intralogistics automation. The company has deep expertise in system integration and machine vision in industries including consumer electronics, automotive, and electric vehicles. It has worked with clients including Bosch and Toyota. Investing in and partnering with XNG will enable Agile Robots to offer its leading AI enabled robotics hardware and software solutions through XNG's expert local systems integration. This investment builds on Agile Robots' expanding presence in India. In 2024 Agile Robots opened a high-tech production facility in Chennai and a regional headquarters in Bengaluru.