LATEST NEWS AND DEVELOPMENTS
It's been a big year for acquisitions of companies involved in robotics and automation: 48 have sold thus far in 2016. Eight involved amounts over $500 million and five were over a billion; KUKA's acquisition by Chinese consumer products giant Midea was the biggest at $5.11 billion.
In a move consistent with many other recent acquisitions of stars within the robotics industry, Liquid Robotics announced that they sold their company to Boeing's Autonomous Systems for Defense, Space & Security division.
For the last many years there have been very few stock IPOs (Initial Public Offerings). Promising companies have been acquired instead, eg: Kiva Systems and Universal Robots. But two robotics-related companies have recently filed: one for the Tokyo Stock Exchange and the other for the New York St...
In a world where futuristic & financial developments roll out on the regular, ROBO Global takes the time to find the need to know robotics news for investors. Here are the highlights from the week of November 27 - December 2 in the world of robotics & automation:
Intel is establishing an autonomous driving division; hacker George Hotz is open-sourcing his self-driving software in a bid to become a network company; LiDAR and distancing devices are changing. What's it all mean?
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