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Hitachi completes acquisition of JR Automation

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Hitachi has completed the acquisition of the robotic system integration business mainly operated by JR Automation from funds managed by Crestview Partners.

The agreement to acquire JR Automation was announced on April 23, 2019 and the companies have now brought this deal to a successful conclusion.

JR Automation and Hitachi have been closely engaged throughout the integration process leading to the closing, working together to ensure a “seamless transition” for their customers. [Read more…] about Hitachi completes acquisition of JR Automation

Accenture, Airbus, GE and Hitachi join Intel Neuromorphic Research Community

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Management consultancy Accenture and industrial giants such as Airbus, General Electric and Hitachi have joined the Intel Neuromorphic Research Community.

The INRC has tripled in size over the past year and now has more than 75 organizations, spanning leading universities around the world, government labs, neuromorphic startup companies, and now several Fortune Global 500 members.

Mike Davies, director of Intel’s Neuromorphic Computing Lab, says: “Our collaborators around the world have made great progress on pioneering the basic tools, algorithms and methods needed to make Intel’s neuromorphic technology useful. [Read more…] about Accenture, Airbus, GE and Hitachi join Intel Neuromorphic Research Community

Hitachi delivers ‘world’s fastest’ elevator to skyscraper

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Hitachi has delivered its elevator system to Guangzhou CTF Finance Centre, a skyscraper complex building in Guangzhou, China.

The building has the Guinness World Records title as having the world’s fastest elevator. The presentation ceremony for the award of the official certificate was held recently.

This elevator travels with a rated speed of 1,260 metres per minute and connects the ground floor to the hotel lobby on the 95th floor in approximately 42 seconds, over a distance of 440 metres. [Read more…] about Hitachi delivers ‘world’s fastest’ elevator to skyscraper

Hitachi wins lift order in Hyderabad, India

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Hitachi has been awarded a contract to supply 106 lifts for large-scale office buildings to be constructed in Hyderabad, a major city in South India. This is the largest order for Hitachi group’s lifts and escalators in India.

Hitachi Building Systems and Hitachi Lift India will deliver 72 lifts for the large-scale building complex Phoenix Spaces 285, located in a suburb of Hyderabad’s financial district and scheduled for completion in February 2020.

Hitachi Lift India will also deliver 34 lifts for Phoenix Aquilia, an office building located in the centre of Hyderabad’s financial district, which is scheduled to be completed in December 2019.

Hitachi electric vehicle inverter adopted for the Audi e-tron

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Hitachi Automotive Systems, Ltd.’s electric vehicle (EV) inverter has been adopted by Audi for its first mass production EV, the e-tron, which went on sale in Europe in March this year.

With tightened environmental regulations around the world, many countries are driving for greater adoption of electric vehicles.

This has led to the demand for more efficient and higher-output electric motors, inverters, and other electric powertrain systems that will contribute to high performance EVs.

[Read more…] about Hitachi electric vehicle inverter adopted for the Audi e-tron

Hitachi Vantara launches Lumada Video Insights for ‘smart spaces’

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Hitachi Vantara has launched Lumada Video Insights to enable the development of what it calls “smart spaces”.

Vantara, which is a subsidiary of Hitachi, says Lumada Video Insights is an end-to-end, intelligent and adaptable suite of applications that delivers operational safety and business intelligence using the internet of things, video, artificial intelligence, and analytics.

Lumada Video Insights complements and extends Hitachi’s Lumada platform and services ecosystem with expanded AI, computer vision, advanced analytics, data integration, and orchestration capabilities to help enterprise and industrial customers accelerate their IoT, initiatives and cultivate their own smart spaces and ecosystems.

[Read more…] about Hitachi Vantara launches Lumada Video Insights for ‘smart spaces’

Hitachi establishes venture capital fund for start-up partners

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On 1 June, Hitachi is to establish a new corporate venture capital (CVC) fund, Hitachi Ventures Fund, and unit, Hitachi Ventures GmbH (HVG), whose responsibility will be to identify and acquire equity interests in fast-growing innovative start-ups globally.

HVG will hire top external talents with experience and capability on CVC activities to invest to and collaborate with start-ups globally.

Stefan Gabriel, former president of 3M New Ventures, is to be CEO of HVG. The unit will start life with $150M.

[Read more…] about Hitachi establishes venture capital fund for start-up partners

Hitachi to acquire robotic systems integrator JR Automation for $1.4 billion

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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

Hitachi and DFKI develop sensor suit to improve workplace safety

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Hitachi and DFKI have jointly developed a “sensor suit” which uses artificial intelligence to quantify the physical load and stress on manual workers.

Hitachi and DFKI – short for the German Research Center for Artificial Intelligence – say the AI-based suit can provide “effective feedback on the movement of each body part”.

This AI technology performs real-time recognition and quantification of a physical load exerted on a worker’s body during work by using the motion data of each body part obtained through sensors in wearable devices.  [Read more…] about Hitachi and DFKI develop sensor suit to improve workplace safety

NXP and Hitachi team up on V2X for autonomous driving

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NXP Semiconductors N.V., the world’s largest supplier of automotive semiconductors, and Hitachi Solutions, Ltd., a  V2X software platforms specialist, have announced a partnership to develop a new V2X solution targeted at the Japanese market.

V2X technology allows vehicles to “see” around corners and communicate with other cars and infrastructure. It is instrumental in safety critical applications such as platooning and emergency braking and delivers low latency for real-time communication.

The technology also operates in a range that exceeds one mile, even in areas where cellular network connections are not available.

[Read more…] about NXP and Hitachi team up on V2X for autonomous driving