Found in Robotics Companies & Businesses, with a score of 62.33
June 09, 2021
Founded in 2012, SoftBank Robotics Group said it is driving technology forward by becoming a worldwide leader in robotics solutions. The company is constantly exploring and commercializing robots to help make people’s lives easier, safer, more connected, and more extraordinary. The unit of SoftBank Group Corp. has offices in Tokyo, Paris, London, San Francisco, Boston, Shanghai, Beijing, Shenzhen, Hong Kong, Singapore, and Sydney, Australia. More than 35,000 SoftBank Robotics systems, including the Pepper and NAO humanoids and the Whiz cleaning robots, are in use in more than 70 countries. They serve applications in retail, tourism, healthcare, finance, education, facilities management,…
Found in Robotics News & Content, with a score of 57.93
December 28, 2023
SoftBank Robotics America recently announced a strategic partnership with Formant, a leading robot management system. The partnership will drive deeper integration across the portfolio of solutions SoftBank Robotics offers to help businesses transform the way they get work done. SoftBank chose Formant as a strategic technology partner to help lay the foundation for integrating advanced business intelligence, additional software services and artificial intelligence, the company announced. The partnership aims to help its customers maximize their investments in robotics and work transformation. The company's continued investment in building and integrating new hardware and software technology solutions demonstrates SoftBank's commitment to enabling…
Found in Robotics News & Content, with a score of 39.97
March 29, 2023
…it has entered into a definitive merger agreement with SoftBank Group Corp. and its affiliate. SoftBank has been an investor in Berkshire Grey since 2019. “After a thoughtful review of value-creation opportunities available to Berkshire Grey, we are pleased to have reached this agreement with SoftBank, which we believe offers significant value to our stockholders,” said Tom Wagner, CEO of Berkshire Grey. “SoftBank is a great partner, and this merger will strengthen our ability to serve customers with our disruptive AI robotics technology as they seek to become more efficient in their operations and maintain a competitive edge.” Bedford, Mass.-based…
Found in Robotics News & Content, with a score of 38.69
February 02, 2022
Cruise LLC yesterday announced that the SoftBank Vision Fund will invest another $1.35 billion toward commercializing its autonomous vehicles. The General Motors Co. spinoff also said it has opened rides from its staff to the public in San Francisco. “The SoftBank Vision Fund initially invested $900 million in Cruise in 2018,” said Kyle Vogt, co-founder, chief technology officer, and interim CEO. “They agreed to invest an additional $1.35 billion when we started operating fully driverless cars. I’m pleased to announce we’ve officially hit that milestone!” Founded in 2013, Cruise has been developing self-driving vehicles such as the Origin shuttlebus. GM…
Found in Robotics News & Content, with a score of 37.52
June 09, 2021
…America Inc. today announced a new strategic collaboration with SoftBank Robotics America. The alliance will focus on commercializing robotics and integrated automation as part of Canon Solutions America’s larger Workplace Health Solutions portfolio, starting with the Whiz cleaning robot. “Our alliance with Canon Solutions America speaks to the speed and scale of demand for robotics under the reinvention of what it means to share and trust indoor space,” stated Brady Watkins, senior vice president and general manager of SoftBank Robotics America. “It’s a new era for the workplace, one where robotics, automation, and data are helping to safely welcome people…
Found in Robotics News & Content, with a score of 37.47
April 12, 2022
…Group today announced that it has agreed to acquire SoftBank Robotics Europe SAS from SoftBank Robotics Group Corp. The transaction will result in United Robotics Group becoming one of the leading service robot providers in Europe, said the companies. As part of United Robotics Group (URG), the former SoftBank Robotics Europe (SBRE) will revert to the name “Aldebaran,” which developed robots for academic and customer-service use. URG offers robots including Pepper and Nao, Boston Dynamics' Spot, and the current Rethink Robotics' Sawyer through a robotics-as-a-service (RaaS) model. “We are pleased to welcome SBRE with more than 180 exceptionally motivated robotics…
Found in Robotics News & Content, with a score of 36.20
April 06, 2021
…makes automated storage and retrieval systems, yesterday announced that SoftBank Group Corp. will spend $2.8 billion to acquire 40% of the company from funds affiliated with Thomas H. Lee Partners L.P. and EQT Private Equity, among other shareholders. AutoStore said the funding will enable it to accelerate its global expansion, “with particular emphasis on the Asia-Pacific region.” Nedre Vats, Norway-based AutoStore was founded in 1996 and develops proprietary software and hardware to make warehouse operations more efficient. The company claimed that its Cube Storage Automation is “the densest storage technology.” AutoStore said that more than 20,000 of its robots are…
Found in Robotics News & Content, with a score of 35.37
June 20, 2021
RobotLAB Inc. and SoftBank Robotics America last week announced that SoftBank' Pepper and NAO humanoid robots are now available in North America exclusively through RobotLAB. The partnership also expands Pepper's educational and industrial focus areas to a broader range of applications, and it marks RobotLAB's debut as a integrator for SoftBank's Whiz cleaning robots. The companies said their collaboration builds on their long-standing partnership in advancing automation and bringing SoftBank Robotics America's (SBRA) business-to-business systems to market. San Francisco-based RobotLAB has already deployed and supported thousands of robots in the field, including Pepper and NAO. “We are pleased to expand…
Found in Robotics News & Content, with a score of 34.19
July 07, 2023
…TX has also secured funding from new investors including SoftBank Group Corp, or SBG, to promote their business collaboration globally, with a focus on accelerating commercialization in North America. TX has also entered into a strategic business partnership agreement with SoftBank Robotic Group Corp. (“SBRG”), a subsidiary of SBG, to promote their business collaboration globally, with a focus on accelerating commercialization in North America. Additionally, TX will initiate its collaboration with Foxconn to establish production technology, carrying out mass production for its next-generation model, “GHOST.” With this funding, Kenichi “Kent” Yoshida (SBRG) and Ryohei Nomoto (GCP) will be newly appointed…
Found in Robotics News & Content, with a score of 33.66
June 21, 2021
…of a controlling interest in Boston Dynamics Inc. from SoftBank Group Corp., following the receipt of regulatory approvals and other customary closing conditions. The deal valued the Waltham, Mass.-based mobile robot company at $1.1 billion, and additional financial details were not disclosed. Seoul, South Korea-based Hyundai now holds an 80% stake in Boston Dynamics, while Tokyo-based SoftBank retains the remaining 20% through one of its affiliates. Hyundai reportedly spent $880 million on the acquisition. “By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the group takes another major step toward its strategic transformation into a…
Found in Robotics News & Content, with a score of 33.24
September 23, 2021
…and biomanufacturing of therapeutics. Investors look to accelerate commercialization SoftBank Vision Fund 2 led Opentrons' Series C investment, with participation by Khosla Ventures. SoftBank Investment Advisers (SBIA) is a segment of SoftBank Group, a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo. SBIA is manager of the Vision Funds, which seek to accelerate the AI revolution through investments in market-leading businesses. “Opentrons is building a disruptive automated lab platform that is aiming to transform healthcare and life sciences with a vertically integrated, low-cost solution,” said Angela Du, investment director at SoftBank Investment Advisers. “The company has an extremely high-value…
Found in Robotics News & Content, with a score of 32.21
September 14, 2020
…UK-based Arm is owned by the Japanese telecommunication giant SoftBank. SoftBank paid $32 billion to purchase it in 2016. In June, news emerged that SoftBank was exploring the option to sell Arm or make an IPO. When NVIDIA's acquisition is completed, SoftBank would have netted $8 billion from is four-year ownership and sales of Arm. According to NVIDIA's blog post, “NVIDIA will expand Arm’s R&D presence in Cambridge, UK, by establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking research. NVIDIA will continue Arm’s open-licensing model and customer neutrality and expand Arm’s IP…
