Hitachi acquired Kyoto Robotics, a Japan-based developer of 3D vision systems, control systems and more recently picking robots for the logistics industry. Hitachi acquired 96% of all issued shares of Kyoto Robotics and made it a subsidiary. Terms of the acquisition weren’t disclosed. Hitachi said the acquisition will enable it to provide one-stop shop of…
Robotics investments recap: April 2019
Despite a few high-profile failures, robotics investments kept going strong in April 2019, with funding flowing to companies working on self-driving cars, supply chain automation, and robots in healthcare.
Wenco, Hitachi Construction Machinery announce open ecosystem for autonomous mining
Hitachi Construction Machinery and Wenco have declared their support for open interoperability standards to grow the ecosystem for autonomous mining.
Hitachi acquiring JR Automation for $1.43B
Hitachi is buying JR Automation, a Holland, Michigan-based industrial robotics integrator, for $1.425 billion. The acquisition is expected to close by the end of 2019. When the deal closes, Hitachi will acquire all shares in JR Automation held by U.S. private equity fund Crestview Partners. JR Automation, founded in 1980, designs and builds custom automation equipment…