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Google puts Boston Dynamics up for sale
The maker of advanced humanoid and 4-legged robots (BigDog and Atlas), Boston Dynamics, is up for sale. According to the Financial Times, "this is one of those discordant moments that makes you...
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3D Robotics undergoing layoffs and other challenges
3D Robotics is closing its San Diego facility, has reduced its staff at its Berkeley headquarters and in Austin, and acknowledged that co-founder and president Jordi Muñoz left the company at the end...
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iRobot’s $199 floor mopper designed for Chinese markets
iRobot has been streamlining its operations to focus on consumer products and enhancing shareholder value. Recent moves to divest their defense division, launch a low-cost Braava Jet floor cleaner,...
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March fundings, acquisitions, IPOs and failures
Funding to robotics startup companies rose dramatically in 2015 reaching record highs in deals and dollars. CB Insights, a VC database provider, reported similar findings as seen in their quarterly...
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47 reports dissect and examine the robot industry
The robotics industry has graduated to be big business -- at least for research firms. 47 different reports on subjects ranging from broad to very drilled-down views of the industry are analyzed and...
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Filling the void left by Kiva Systems’ 2012 acquisition by Amazon
In March 2012, in an effort to make their distribution centers (DCs) as efficient as possible, Amazon acquired Kiva Systems for $775 million and almost immediately took them in house. There was...
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Grishin Robotics launches new $100M hardware fund
Dmitry Grishin at the Skolkovo Robotics conference in Russia. In 2012, Dmitry Grishin, co-founder and CEO of Mail.Ru Group, the largest Internet and social networking company in the Russian-speaking...
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Big day for robotics: 3 fundings and a merger acquisition
Auris Surgical Robotics will acquire Hansen Medical for $80M+, PrecisionHawk raised $18M to help bring commercial drones safely into US airspace, and SkySafe raised $3M to disable badly behaving...
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China’s growing robot industry turns to acquisitions
Paslin, a Michigan integrator of welding robots, automation systems, and tooling, was acquired by Wanfeng Technology Group for an undisclosed amount (but reported as $302 million in China Daily)....
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Stakeholders likely to be disrupted by the changeover to self-driving vehicles
Photo: Mercedes-Benz F 015 concept car Volumes have been written about the possible beneficial (and negative) effects of self-driving cars and systems. But few have studied what industries will be...
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SVR Case Studies: OATV investing in early stage service robotics
OATV, or O’Reilly AlphaTech Ventures, is a seed stage investment firm based in San Francisco with a track record of backing robotics startups in emerging areas. As well as investing in Fetch Robotics,...
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Paradigm shift: from Siri to Viv
Artificial intelligence that programs itself on the fly - from the team that developed Siri at SRI and Apple - was demonstrated this week in New York and it quickly performed complex spoken tasks,...
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MIT, Lockheed Martin launch long-term research collaboration
Lockheed Martin CTO Keoki Jackson ’89, SM ’92, ScD ’97 (center, left) and MIT AeroAstro department head Jaime Peraire congratulate each other after signing a research collaboration agreement between...
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Chinese Midea makes $5 billion bid for KUKA
In China's relentless state-stimulated quest to grow their robotics industry, Midea Group, a Chinese appliance manufacturer which already owns 13.5% of KUKA's shares, has offered to buy all remaining...
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Bringing robots to retail: Interview with Fellow Robots CEO and co-founder,...
Photo courtesy: Fellow Robots, Inc. Robotics today is a fast growing industry with applications in myriad markets, including retail, transportation, manufacturing, and even as personal assistants....
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EU’s Horizon 2020 has funded $179 million in robotics PPPs
Source: European Commission, Europe’s Digital Progress Report (EDPR) / Robot Report Over the past two years, research in 5G and robotics PPP projects have received the highest funding awards within...
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Why businesses must get ready for the era of robotic things
We’ve entered a period of epic technological transformation that is impacting society in ways that are leaving even veteran tech observers speechless. In some ways, it might seem like 1998 all over...
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How is Pepper, SoftBank’s emotional robot, doing?
Source: Getty Images Pepper is a child-height human-shaped robot described as having been designed to be a genuine companion that perceives and acts upon a range of human emotions. SoftBank, the...
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May fundings, acquisitions and IPOs
May was another big month for robotics - 13 companies were funded to the tune of $111 million. Four companies were acquired with 2 of the 4 reporting selling prices totaling $422 million. And that’s...
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What is a CRO and will your business soon need one?
The times are changing! What seemed like science fiction a few years ago is now on the front page of the news. Augmented reality, wearables, virtual assistants, robots, and other smart devices are...
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