Robohub.org
KUKA buys 51% of Reis Robotics with option to buy remainder
In a surprise move, KUKA, one of the global big four robot manufacturers, signed a letter of intent to acquire 51% of the shares of Reis Robotics, a 57-year old family-owned Germany-based robotics provider and systems integrator.
Reis employs 1,300 and has revenues of $178 million. The company’s second-largest facility, in Kunshan China, has about 200 employees. Coincidentally, KUKA just opened their new Shanghai manufacturing facility. Kunshan and Shanghai are near each other.
No further details were available from the KUKA press release.
tags: c-Business-Finance
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.
Related posts :
Robot Talk Episode 103 – Keenan Wyrobek
Robot Talk
20 Dec 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Keenan Wyrobek from Zipline about drones for delivering life-saving medicine to remote locations.
Robot Talk Episode 102 – Isabella Fiorello
Robot Talk
13 Dec 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Isabella Fiorello from the University of Freiburg about bioinspired living materials for soft robotics.
Robot Talk Episode 101 – Christos Bergeles
Robot Talk
06 Dec 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Christos Bergeles from King's College London about micro-surgical robots to deliver therapies deep inside the body.
Robot Talk Episode 100 – Mini Rai
Robot Talk
29 Nov 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Mini Rai from Orbit Rise about orbital and planetary robots.
Robot Talk Episode 99 – Joe Wolfel
Robot Talk
22 Nov 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Joe Wolfel from Terradepth about autonomous submersible robots for collecting ocean data.
Robot Talk Episode 98 – Gabriella Pizzuto
Robot Talk
15 Nov 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Gabriella Pizzuto from the University of Liverpool about intelligent robotic manipulators for laboratory automation.
Online hands-on science communication training – sign up here!
AIhub
13 Nov 2024
Find out how to communicate about your work with experts from Robohub, AIhub, and IEEE Spectrum.
Robot Talk Episode 97 – Pratap Tokekar
Robot Talk
08 Nov 2024
In the latest episode of the Robot Talk podcast, Claire chatted to Pratap Tokekar from the University of Maryland about how teams of robots with different capabilities can work together.
