A research study released by Strategic Exits Partners, a boutique investment bank specializing in the sale of technology companies, found that although America has lagged behind Asia in design and production of manufacturing robots, it is now positioned to catch up and lead in a new global robotics race.
The study analyzed the last five years of transactions including 300 exits, and 5,000 investments into 3,000 global companies.
Len Zapalowski, partner, Strategic Exits Partners, says: “Our research found that despite America’s minor role in manufacturing robots, it is now making robot acquisitions at a rapid rate that exceeds its geopolitical rivals. [Read more…] about North America ‘catching up’ in global robotics race, says report