Hitachi has entered into a definitive contract for the acquisition of the robotic system integrator business mainly operated by an American headquartered company, JR Automation.
Hitachi will conduct the acquisition with Crestview Partners.
Subject to the terms and conditions of the contract, Hitachi will acquire JR Automation, which builds production lines and logistics systems using industrial robots. [Read more…] about Hitachi to acquire robotic systems integrator JR Automation for $1.4 billion