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May 2017 saw two robotics-related companies get $9.5 billion in funding and 22 others raised $249 million. Acquisitions also continued to be substantial with Toyota Motor's $260 million acquisition of Bastian Solutions plus three others (where the amounts weren't disclosed).
SoftBank, the giant telecom company, is venturing out into the world of robotics and transportation services. DealStreet Asia said that SoftBank is trying to transform itself into the 'Berkshire Hathaway of the tech industry' with the recent launch of a $100 billion technology fund.
April 2017 had 17 robotics-related companies get funding totaling over $390 million - a fourth solid month for 2017 - $1.05 billion year-to-date. Acquisitions also continued to be substantial with ABB's $2 billion acquisition of Bernecker & Rainer, plus Baidu, iRobot and Cognex each making strate...
After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to grow at a double-digit pace at least through 2022.
Amongst all the activity in autonomously driven vehicle joint ventures, new R&D facilities, strategic acquisitions (such as Mobileye being acquired by Intel) and booming startup fundings, two big players in the industry, NVIDIA and Bosch, are partnering to develop an AI self-driving car supercomp...
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