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Midea
Midea’s masterplan to become China’s robot powerhouse
Frank Tobe
18 Aug 2016
Chinese consumer manufacturer Midea, after having spent over $4 billion to acquire 94% of German robot maker Kuka, is planning to spend an additional $1.5 billion to turn itself into China's preemin...
July fundings, acquisitions and failures
Frank Tobe
03 Aug 2016
Despite all the high-profile billion-dollar acquisitions, eg: ARM by SoftBank, KUKA by Midea and Uber China by Didi Chuxing, M&A are down 19% this year, according to both Forbes and CB Insights. B...
Midea now owns 85.69% of KUKA’s shares
Frank Tobe
21 Jul 2016
Since the announcement of the month-long tender offer by Midea to buy 49% of the shares of German robot maker KUKA AG - and private negotiations - Midea now has 85.69% of the shares....
