Tag: Robots

Amazon to acquire Belgium’s Cloostermans to place more robots in warehouses

BNT Reporter- September 11, 2022

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

businessnewstoday- June 20, 2020

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

pallavi123- December 6, 2019

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

pallavi123- September 12, 2019

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

businessnewstoday- October 28, 2018

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