Alphabet confirms closure of Schaft robotics unit
Alphabet confirmed that it was shuttering Schaft after failing to find a buyer, helping staff seek new roles; Schaft had remained Alphabet-owned after the proposed SoftBank transfer failed.
Evidence notes
- Alphabet confirmed on November 14, 2018 that the Schaft unit would be shuttered.
- The company was helping affected staff seek new roles, mostly outside Alphabet.
- Schaft remained Alphabet-owned because the previously announced SoftBank transfer never completed.