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HHLA Sky merges with Third Element Aviation

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HHLA Sky, a mobile robotics company, is to merger with drone manufacturer Third Element Aviation. This union between long-standing partners establishes a dominant European provider specializing in the automation of drone and mobile robot fleets on an industrial scale.

The merger integrates the award-winning mobile robot management software and portfolio of HHLA Sky with Third Element Aviation’s advanced drone technology.

The company, which will continue to operate under the name HHLA Sky, positions itself as Europe’s leading provider of integrated drone solutions and sets new standards in the automation and networking of drone systems. [Read more…] about HHLA Sky merges with Third Element Aviation

Merger of Velodyne and Ouster creates $550 million lidar giant

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Velodyne and Ouster have merged to create what could be described as a “lidar giant” at a time when interest in lidar – light detection and ranging – sensors are at an all-time high because of their applications in so many robotic and automated machines. 

Ouster and Velodyne describe their successful deal as a “merger of equals”. The combined company will keep the name Ouster and continue to trade on New York Stock Exchange under the ticker “OUST”. The two companies have a combined market capitalization of more than $550 million.

The merger creates a lidar powerhouse with over 850 customers spanning the automotive, industrial, robotics, and smart infrastructure industries supported by a robust product portfolio of innovative hardware and software solutions in addition to top-tier engineering and commercial teams. [Read more…] about Merger of Velodyne and Ouster creates $550 million lidar giant

Ultimaker and MakerBot complete merger

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MakerBot and Ultimaker, two of the most well known companies in the desktop 3D printing market, have completed their merger.

Under the new brand, UltiMaker, the company aims to provide easy-to-use and accessible 3D printing hardware, software, and materials for any application, driving the industry to a future state of responsible and sustainable manufacturing.

Combining both companies’ products platform under one roof, UltiMaker will continue to offer a wide range of solutions to customers, with well-established brands such as the MakerBot METHOD, MakerBot SKETCH, and MakerBot Replicator 3D printers, and MakerBot CloudPrint as well as the Ultimaker 2+ Connect, Ultimaker S3, Ultimaker S5, and Ultimaker S5 Pro Bundle. [Read more…] about Ultimaker and MakerBot complete merger

Cognicept Systems merges with Kabam Robotics

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Singapore start-up Cognicept Systems has merged with Kabam Robotics, a division under precision engineering solutions provider, PATEC Group.

Cognicept’s deep technical expertise in robotics technologies and Kabam’s expertise in machine design, precision manufacturing, international supply chains, and deep access to global commercial channels have now been combined to provide world leading robotics solutions for applications such as facilities management, delivery, and surveillance/security.

This merger combines our strengths and opens many doors for everyone involved. [Read more…] about Cognicept Systems merges with Kabam Robotics

$50 billion merger of leading automakers creates global behemoth

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Leading automakers Fiat Chrysler Automobiles and Groupe PSA have agreed a $50 billion merger, creating the biggest automaker in Europe and the fourth-largest in the world in the process.

Completion of the proposed merger is expected to take place in 12-15 months, subject to regulatory requirements and approval by both companies’ shareholders.

Carlos Tavares, chairman of the managing board of Groupe PSA, says: “Our merger is a huge opportunity to take a stronger position in the auto industry as we seek to master the transition to a world of clean, safe and sustainable mobility and to provide our customers with world-class products, technology and services. [Read more…] about $50 billion merger of leading automakers creates global behemoth

Raytheon and United Technologies aerospace businesses to merge

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Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

[Read more…] about Raytheon and United Technologies aerospace businesses to merge