Serve Robotics to acquire Diligent Robotics, expanding autonomous robotics platform to indoor hospital settings
Serve Robotics announced it has signed an agreement to acquire Diligent Robotics, with consideration consisting of $29 million in the company's common stock paid to Diligent shareholders (subject to adjustments such as net debt), plus up to $5.3 million in milestone earnouts. The deal is expected to close in the first quarter of 2026, and Diligent will continue to operate as a Serve subsidiary under the leadership of Andrea Thomaz.
Why it matters: The materials lay out Moxi's deployment scale and the per-hospital annual sales range, making it easier to assess the acquisition's actual weight for Serve's revenue mix and platform expansion.