Robotics & Automation News

Where Innovation Meets Imagination

acquire

Honeywell to acquire Civitanavi Systems

by

Honeywell has revealed its intention to acquire the entire share capital of Civitanavi Systems.

Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing).

The acquisition will further strengthen Honeywell’s capabilities to help its customers create autonomous operations in aircraft and other vehicles. [Read more…] about Honeywell to acquire Civitanavi Systems

Bosch to acquire 12 percent of Husqvarna

by

Bosch has agreed to acquire shares in the long-established Swedish company Husqvarna. The acquisition will increase its shareholding to roughly 12 percent in the company’s share capital in total. Numbers were not disclosed. 

Husqvarna is listed on Nasdaq Stockholm. In acquiring these shares today, Bosch intends to strengthen the battery alliance between the two companies.

Husqvarna also includes the Gardena subsidiary and its Flymo brand, both of which are also partners in the Bosch Power Tools division’s “Power for All Alliance”. [Read more…] about Bosch to acquire 12 percent of Husqvarna

High-Tech Bots and Devices for Business Owners

by

Hiring employees is one of the costliest moves any business owner can make. Along with the obvious monetary toll in the form of payroll expenses, there are other considerations.

Things like insurance, necessary office space, training, and other factors can add up fast. Maybe that’s why so many entrepreneurs and independent startup owners are seeking financial relief in the form of automation.

Companies of all sizes and in all industries can leverage the savings and increased efficiency that many forms of technology can deliver. Devices like video recorders are a huge help to transport companies that operate truck fleets. [Read more…] about High-Tech Bots and Devices for Business Owners

AMD given approval to acquire Xilinx

by

Semiconductor giant AMD says it has received approval from “all necessary authorities” to proceed with the acquisition of Xilinx, a chip maker which specialises in the industrial sector.

With the exception of the remaining customary closing conditions, all conditions to the transaction closing have been satisfied and the company expects the transaction to close on or about February 14, 2022.

AMD announced its intention to acquire Xilinx in an all-stock transaction on October 27, 2020. [Read more…] about AMD given approval to acquire Xilinx

PTC to acquire product lifecycle management provider Arena Solutions

by

Computer-aided design specialist PTC has signed a definitive agreement to acquire Arena Solutions, a software as a service (SaaS) product lifecycle management (PLM) platform provider.

The acquisition will further PTC’s strategy to be the leader in the rapidly-growing market for SaaS-based product development software, enabling the company to deliver a complete CAD + PLM SaaS solution.

Under the terms of the agreement, PTC will acquire Arena Solutions for $715 million in cash. Subject to customary closing conditions and completion of regulatory review, the acquisition is expected to be completed in PTC’s fiscal Q2 2021. [Read more…] about PTC to acquire product lifecycle management provider Arena Solutions

Mitsubishi Electric to acquire Sharp factory to expand power device business

by

Mitsubishi Electric has agreed to acquire buildings and land from Sharp Fukuyama Semiconductor, a wholly owned subsidiary of Sharp Corporation located in Fukuyama, Hiroshima Prefecture, Japan.

The acquired properties will serve as a new site where Mitsubishi Electric’s Power Device Works will process wafers for the manufacture of power semiconductors.

New production facilities scheduled to start up in November of next year will enable Mitsubishi Electric to expand its power device business. [Read more…] about Mitsubishi Electric to acquire Sharp factory to expand power device business

Mitsubishi Electric to acquire US software company Iconics

by

Mitsubishi Electric Corporation is to acquire the remaining shares of Iconics, Inc., a U.S. software company focused on SCADA, IoT, mobile, analytics and cloud software products for the manufacturing, industrial and building-automation markets.

The acquisition makes the company a 100% subsidiary within the Mitsubishi Electric Group.

Mitsubishi Electric aims to enhance its software product lineup to realise e-F@ctory, including edge-computing, by combining Iconics’ software-developing capabilities and Mitsubishi Electric’s factory-automation technology.

e-F@ctory is an integrated solution based on factory automation (FA) and information technologies to reduce the total cost of developing, producing and maintaining products.

[Read more…] about Mitsubishi Electric to acquire US software company Iconics