Nashua robotics company acquired by Mass. firm
NASHUA — A local robotics company has been acquired by a Massachusetts-based business looking to expand its portfolio.
VGo Communications Inc., housed at 100 Innovative Way, has been purchased by Vecna Technologies Inc., which develops robotic logistics and information technology health-care products.
“One of the reasons the acquisition was made is because VGo has such a powerful brand identification. We understand that brand will continue to exist under its new ownership,” said Peter Vicars, VGo chief executive officer.
Vicars said on Friday that VGo’s 20 employees have been extended offers to join Vecna at its headquarters in Cambridge, Mass. The Nashua VGo office will close its doors after the transition is completed at the end of the month, he said.
“I think this is an extremely good move for VGo. Vecna has enormous technology in the field, and we see this as a really good move for both employees and customers,” Vicars added.
VGo develops and markets visual communication solutions for hospitals, homes, schools and the workplace. Its new telepresence robot, which was launched in 2011, has since been featured by several national media outlets, specifically for its capability of allowing sick children to still attend school using technological advancements.
Three years ago, VGo teamed with Visiting Nurse and Hospice of Vermont and New Hampshire to offer the state’s first telepresence robots to patients, which enabled remotely-driven robots to be deployed for patient assistance.
“Like Vecna, VGo’s mission has been to empower people through robotics. We connect people across great distances, just as if they were there,” Vicars said in a release. “VGo is extremely pleased about the expansion of the product line, and the tremendous opportunities that the merged company is poised to capture.”
Vicars told the New Hampshire Union Leader that it saddens him to see VGo leave the Granite State, stressing the Nashua Technology Park has been a supportive place for the company to thrive. Vicars said he will no longer be working with the company.
On its company website, VGo says it is energized by the acquisition, describing the technology and products at Vecna as “amazing.”
Customers from both companies will benefit from adding VGo to Vecna’s portfolio of solutions with applications in health care, hospitality, manufacturing, distribution and education, according to Daniel Theobald, Vecna’s co-founder and chief technology officer.
“Vecna and VGo have been partners for years, and with this acquisition are positioned to have a major impact in the market,” Theobald said in a statement.
VGo’s products and large customer base will complement Vecna’s existing product installations in more than 500 sites worldwide, added Theobald.