The sheer speed with which driverless cars have gone from a fanciful notion to soon-to-be real-world, mainstream standard technology might be bewildering to some and slightly worrying to others.
But for proponents and supporters of the technology – of which there are many, both inside the industry as well as in society at large – the driverless car was always clearly on the horizon, and it’s imminent arrival is not a moment too soon.
China’s Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.
Midea, which launched a €4.5 billion offer for Kuka in May, said Germany’s markets regulator had approved the settlement of the transaction, allowing it to control a 94.55 percent voting stake in Kuka from January onwards.
The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers. Continue reading US gives Midea green light to buy Kuka