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nidec

Nidec completes acquisition of Roboteq

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Nidec, believed to be the world’s leading supplier of components for industrial robots, has completed the acquisition of 90 per cent ownership of Roboteq, a US-based designer of ultra-low voltage drives.

As a result of the transaction, Roboteq became a consolidated subsidiary of Nidec.

Nidec says the acquisition strengthens its presence in some key future growth drivers, including robotization. Nidec says it is aiming to become a global leader in these markets. [Read more…] about Nidec completes acquisition of Roboteq

Nidec to build $500 million facility in China to make motors for electric vehicles

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Industrial motors giant Nidec is planning to build a $500 million facility in China, according to a report on Nikkei.

The factory will specialize in manufacturing motors for electric vehicles, a growing market in China and the rest of the world.

The proposed location is said to be the Jinpu New Area in the port city of Dalian, north-east China, about 500 km east of Beijing.

[Read more…] about Nidec to build $500 million facility in China to make motors for electric vehicles

Nidec to buy Omron’s automotive business for $890 million

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Industrial components giant Nidec has agreed to acquire Omron’s automotive business, formally called “Omron Automotive Electronics”.

The two companies do not appear to have released the financial details of the agreement, but Nikkei is reporting that Nidec will pay $890 million for the company.

The share transfer will be executed after obtaining necessary approval and satisfying other conditions. It is projected to occur by the end of October.  [Read more…] about Nidec to buy Omron’s automotive business for $890 million

Spinning in infinity: Exclusive insight into industrial technology giant Nidec

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Nidec Corporation is one of the world’s largest manufacturers of industrial components, with annual revenues typically in the region of $11 billion.

The Japanese company’s technology can be found in products ranging from robots to computers, from cars to washing machines, and beyond.

There probably isn’t a machine builder on Earth who has not used or has at least considered using Nidec components at concept or production stage. In the computing sector, for example, Nidec is said to have the largest global market share for the tiny spindle motors that power hard-disk drives. Which means that the computer you’re reading this on is likely to have a Nidec component inside it.  [Read more…] about Spinning in infinity: Exclusive insight into industrial technology giant Nidec

Nidec to acquire 70 percent stake in Desch Group

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Nidec Corporation has agreed to acquire a 70 percent ownership of a privately owned German company, Desch Antriebstechnik and its group companies in Germany and China, from its owners.

The transaction will be made through Nidec-Shimpo, a Germany-based affiliate of Nidec’s subsidiary, Nidec-Shimpo Corporation.

Desch was founded in 1906 and manufactures and sells large precision gearboxes. It has approximately 400 employees and last year had revenues of around $100 million.  [Read more…] about Nidec to acquire 70 percent stake in Desch Group

Nidec showcases its technologies of the future at CES

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Although electric motors have been around since the first half of the 19th century, their function has largely remained unchanged. By converting electricity to mechanical energy they act as the muscles that power the world’s machines and devices and give them the ability to spin and move.

Accordingly, the bulk of the innovations that the technology has undergone since its inception have ultimately been aimed at improving its performance in this regard.

But what if, in addition to these improvements, the very function of motors could evolve as well? What new possibilities would emerge if electric motors started acting not only like muscles, but also like the neurons in our brains or even like our vocal chords?  [Read more…] about Nidec showcases its technologies of the future at CES

Nidec to showcase latest robotic components and haptic devices

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Leading components supplier gearing up for CES 2019

Autonomous machines are set to play an indispensable role in the future – not only in factories and warehouses, but also in people’s homes.

In addition to improving the efficiency of manufacturing lines, robots also have the potential to make our lives more comfortable by taking care of menial tasks, or augmenting human capabilities through technologies like powered exoskeletons.

Highly sophisticated robots use dozens – sometimes even hundreds – of motors and gearboxes.  [Read more…] about Nidec to showcase latest robotic components and haptic devices

Nidec looking to ‘buy five German robotics companies for $450 million’

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Nidec, the Japanese maker of industrial machinery components such as motors, is planning to buy five German robotics companies, according to a report on Nikkei. 

Nidec recently reported record profits for its most recent quarter and is apparently flush with cash, and looks to have decided to spend it on acquisitions.

According to Nikkei, the first of the five acquisition targets is MS-Graessner, which makes speed-reducing gearboxes which fit into the joints of robotic arms.  [Read more…] about Nidec looking to ‘buy five German robotics companies for $450 million’

Nidec records ‘highest-ever profit’ as it expands industrial motor division

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Nidec is already one of the world’s largest suppliers of components for industrial robots and machinery, and it’s expanding rapidly.

The company says it has just recorded its “highest-ever quarterly operating profit” for its appliance, commercial and industrial product segment.

And the company says it is planning to “further strengthen” these segments and its industrial motor division.  [Read more…] about Nidec records ‘highest-ever profit’ as it expands industrial motor division

Motors giant Nidec enters into $260 million joint venture with automaker PSA

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Nidec, one of the world’s largest suppliers of motors and other industrial components, has entered into a joint venture with global automaker PSA Group.

The “Nidec-PSA emotors” joint venture has been created by Groupe PSA and Nidec to initiate the design of “future electric motors”.

Shigenobu Nagamori, CEO of Nidec, and Carlos Tavares, CEO of Groupe PSA, endorsed the establishment of Nidec-PSA emotors, saying the new business will be “dedicated to the design, development, manufacture and sale of electric traction motors”.  [Read more…] about Motors giant Nidec enters into $260 million joint venture with automaker PSA