Diligent Robotics Acquisition | Technology Deal in CA

Serve Robotics Inc. has completed the acquisition of Diligent Robotics, a technology other business in California, for $25.7 million. Diligent Robotics provides robotics technology and related capabilities that Serve can integrate into its automation offerings, supporting technology M&A and merger acquisition strategy in CA acquisitions. The Diligent Robotics acquisition is structured as a merger acquisition where Merger Sub merges into Diligent, with Diligent continuing as a wholly owned subsidiary of Serve. The technology deals CA transaction includes $3.1 million of fair value contingent earnout consideration tied to specified milestones, with closing on January 27, 2026, and a preliminary purchase price of approximately $25.7 million.