• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • Home
  • Subscribe
  • Your Membership
    • Edit Your Profile
  • Services
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsored posts
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Shop
    • My Account
    • Cart
  • About
    • Contact
    • Terms of use
  • Events

Robotics & Automation News

Market trends and business perspectives

  • News
  • Features
  • Webcasts
  • White papers
  • Case studies
  • Press releases

capital

iRobot sells its defense and security business to Arlington Capital Partners

February 4, 2016 by Abdul Montaqim

irobot defence robots
iRobot has sold off its military robots division

iRobot has signed a definitive agreement to sell its defense and security business to Arlington Capital Partners for up to $45 million in total consideration, including a contingent payment based on achieving certain milestones.

This transaction enables iRobot to solidify its position as the leader in diversified Home Robots and focus on technologies for the connected home, said the company.

“In the spring of 2014, we engaged Blackstone Advisory Partners LP, now known as PJT Partners, to review strategic alternatives for our Defense and Security business,” said Colin Angle, iRobot chairman and chief executive officer. [Read more…] about iRobot sells its defense and security business to Arlington Capital Partners

Filed Under: News Tagged With: arlington, capital, defense, irobot, partners, security

  • « Previous Page
  • Page 1
  • Page 2

Primary Sidebar

Latest articles

  • Velo3D ships seventh Sapphire printer to aerospace production customer
  • Worldwide semiconductor manufacturing equipment sales jump 12 percent
  • ACEINNA wins award for autonomous car navigation and guidance technologies
  • Edge computing infrastructure market set to be worth $700 billion by 2028, says report
  • EIT to award €500 million to innovators across Europe in 2020
  • AutoStore wins prestigious prize at the European Business Awards
  • OnRobot ‘One System’ grippers receive UR+ certification for operation with Universal Robots
  • Automation increases productivity in materials science by 384 times, say researchers
  • Blue Ocean Robotics raises $12 million to develop service robotics market
  • ISO unveils ‘world’s first’ drone safety standards

Most Read

  • Top 20 electric vehicle charging station companies
    Top 20 electric vehicle charging station companies
  • Top 25 vertical farming companies
    Top 25 vertical farming companies
  • Top 25 AI chip companies: A macro step change inferred from the micro scale
    Top 25 AI chip companies: A macro step change inferred from the micro scale
  • Siemens further expands portfolio and partnerships for industrialized additive manufacturing
    Siemens further expands portfolio and partnerships for industrialized additive manufacturing
  • 30 industrial robot manufacturers to watch
    30 industrial robot manufacturers to watch
  • Retailers expected to buy more than 150,000 robots by 2025
    Retailers expected to buy more than 150,000 robots by 2025
  • How to become a G-Code master with a complete list of G-Codes
    How to become a G-Code master with a complete list of G-Codes
  • ABB to electrify automated vehicles for new port in Singapore
    ABB to electrify automated vehicles for new port in Singapore
  • ADAS: Features of advanced driver assistance systems
    ADAS: Features of advanced driver assistance systems
  • IBM joins the Mayflower autonomous ship project
    IBM joins the Mayflower autonomous ship project

Overused words

abb ai automated automation Automotive autonomous business cars china collaborative companies company control data design development digital driving electric industrial industry kuka logistics machine manufacturers manufacturing market platform production robot robotic robotics robots sensors smart software solution solutions system systems technologies technology vehicle vehicles warehouse

Secondary Sidebar

Latest news

  • Velo3D ships seventh Sapphire printer to aerospace production customer
  • Worldwide semiconductor manufacturing equipment sales jump 12 percent
  • ACEINNA wins award for autonomous car navigation and guidance technologies
  • Edge computing infrastructure market set to be worth $700 billion by 2028, says report
  • EIT to award €500 million to innovators across Europe in 2020
  • AutoStore wins prestigious prize at the European Business Awards
  • OnRobot ‘One System’ grippers receive UR+ certification for operation with Universal Robots
  • Automation increases productivity in materials science by 384 times, say researchers
  • Blue Ocean Robotics raises $12 million to develop service robotics market
  • ISO unveils ‘world’s first’ drone safety standards

Shop

  • Red Geometry Mug $11.00 – $15.00
  • Blue Geometry Mug $11.00 – $15.00
  • Green Geometry Mug $11.00 – $15.00
  • Short-Sleeve Unisex T-Shirt $16.00 – $20.00
  • R&AN T-Shirt – Black $16.00 – $20.00
  • R&AN T-Shirt
    Rated 1.00 out of 5
    $16.00 – $20.00
  • R&AN Mug $11.00 – $15.00

Footer

We are…

Robotics and Automation News was established in May, 2015, and is now one of the most widely-read websites in its category.

Please consider supporting us by becoming a paying subscriber, or through advertising and sponsorships, or by purchasing products and services through our shop – or a combination of all of the above.

Thank you.

Independent

robotics and automation news logo

Archivists

December 2019
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Complex

Social

  • Twitter
  • Facebook
  • LinkedIn
  • Google
  • YouTube
  • Reddit
  • RSS Feed

Old-skool

This website and its associated magazine, and weekly newsletter, are all produced by a small team of experienced journalists and media professionals.

If you have any suggestions or comments, feel free to contact us at any of the email addresses on our contact page.

We’d be happy to hear from you, and will always reply as soon as possible.

Future-facing

Communicative

Free, fair and legal

We support the principles of net neutrality and equal opportunities.

Member of The Internet Defense League

Copyright © 2019 · News Pro on Genesis Framework · WordPress · Log in