Nidec, the Japanese maker of industrial machinery components such as motors, is planning to buy five German robotics companies, according to a report on Nikkei.  Nidec recently reported record profits for its most recent quarter and is apparently flush with cash, and looks to have decided to spend it on acquisitions. According to Nikkei, the … Continue reading Nidec looking to ‘buy five German robotics companies for $450 million’