Amazon to acquire Belgium’s Cloostermans to place more robots in warehouses
Amazon acquisition of Cloostermans : Online retailing giant Amazon is acquiring Belgium-based mechatronics company Cloostermans to expand the deployment of robotics for warehouse automation. The ... Read More
KT to acquire 10% stake in Hyundai Robotics from Hyundai Heavy Industries
South Korean telecommunications company KT has agreed to acquire a stake of 10% in Hyundai Robotics for KRW50 billion ($41 million) as part of a ... Read More
FLIR Systems bags US Army contract for Kobra robot under CRS-H program
FLIR Systems said that its Kobra robot has been selected for the US Army’s Common Robotic System-Heavy (CRS-H) program under a five-year production contract worth ... Read More
Shopify to acquire US warehouse automation company 6 River Systems
Shopify acquisition of 6 River Systems : Canadian e-commerce company Shopify has agreed to acquire outstanding securities of US warehouse automation company 6 River Systems ... Read More
ABB to build $150m advanced robotics factory in Shanghai
Swiss automation company ABB will invest $150 million to build an advanced robotics factory in Shanghai, China where robots will be used for manufacturing robots. ... Read More