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Business

Rockwell Automation completes acquisition of Clearpath Robotics and Otto Motors

October 11, 2023 by David Edwards

Rockwell Automation, which says it is “the world’s largest company dedicated to industrial automation and digital transformation”, has completed its acquisition of Ontario, Canada-based Clearpath Robotics, a developer of autonomous robotics, including autonomous mobile robots for industrial applications.

The acquisition includes Clearpath Robotics’ namesake research division, a developer autonomous technology for the innovation market, and the industrial division Otto Motors, which provides AMRs, which Rockwell says is “the next frontier in industrial automation and transformation”.

Both divisions will report to Rockwell’s Intelligent Devices operating segment. Financial details do not appear to have been officially disclosed, but media reports say Rockwell may be paying $600 million for the acquisition. [Read more…] about Rockwell Automation completes acquisition of Clearpath Robotics and Otto Motors

Filed Under: Business, News Tagged With: automation, clearpath, motors, otto, rockwell

Bota Systems raises $2.5 million in seed round to ‘give robots sense of touch’

October 11, 2023 by Mark Allinson

Bota Systems, a pioneer in advancing robotics with force torque sensing solutions, announces the completion of a $2.5 million seed round led by Marathon Venture Capital, along with the participation of angel investors.

As part of the round, Bota Systems will grow the team to address increasing demand by leading research labs and manufacturing companies globally, along with accelerating its ambitious product roadmap towards delivering a superior robotic platform with outstanding sensitivity. [Read more…] about Bota Systems raises $2.5 million in seed round to ‘give robots sense of touch’

Filed Under: Business, News Tagged With: bota, force, funding, robots, round, seed, sense, sensors, systems, torque, touch

Emerson acquires Afag to accelerate factory automation capabilities

October 11, 2023 by Mark Allinson

Emerson has acquired Afag Holding AG, an innovator in electric linear motion, feeding and handling automation solutions.

The electric linear motion segment expands Emerson’s served market by more than $9 billion and is expected to grow mid-single digits annually, supporting Emerson’s long-term, profitable organic growth.

Afag, headquartered in Zell, Switzerland, brings state-of-the-art technology and innovation to Emerson. The acquisition enhances Emerson’s capabilities in factory automation and creates a leading motion portfolio that combines Afag’s electric linear motion solutions with Emerson’s pneumatic motion technology. [Read more…] about Emerson acquires Afag to accelerate factory automation capabilities

Filed Under: Business Tagged With: acquisition, afag, automation, emerson, holding

Neura Robotics secures $16 million from InterAlpen Partners

October 10, 2023 by Mark Allinson

Neura Robotics, an emerging AI and robotics startup based in Germany, has closed a $16 million investment round with American private equity firm InterAlpen Partners.

This comes less than three months after the German company closed a $55 million funding round with leading European investors, garnering recognition from the New York Stock Exchange. InterAlpen’s investment in Neura will bolster its growth and expansion into the US market.

Robots based on the Neura Robotics platform are able to see, hear and perceive touch. Combined with reflexive sensory processing, these capabilities are essential for autonomous and predictive action. [Read more…] about Neura Robotics secures $16 million from InterAlpen Partners

Filed Under: Business, News Tagged With: financing, funding, neura, robotics

IAR Group strengthens market position through acquisition of Sontec

October 10, 2023 by Mark Allinson

IAR Group from Zofingen (Switzerland), which specializes in automation systems, is taking over Sontec AG from Hochdorf (Switzerland), which is active in the fields of automated testing technology, assembly automation, robotics and image processing, with immediate effect.

With this acquisition, the IAR Group strengthens its position in the global market for industrial automation and increases its production capacity in Switzerland.

“I am very pleased about this early succession solution, which is ideal for the future of the company and its employees,” says Othmar Amrein, former owner of Hochdorf-based Sontec. [Read more…] about IAR Group strengthens market position through acquisition of Sontec

Filed Under: Business Tagged With: acquisition, iar group, sontec

Decentralized Identity: Reshaping Digital Identification Bitcoin

October 10, 2023 by Mark Allinson

In an age where digital interactions are an integral part of our lives, the need for secure and reliable digital identification has never been more crucial.

The rise of blockchain technology has paved the way for a revolutionary approach to identity management – decentralized identity. This paradigm shift in digital identification holds the potential to reshape how we authenticate ourselves online, ensuring enhanced security, privacy, and control.

As the concept of decentralized identity gains traction, platforms like Quantum FBC are leading the charge in providing users with secure trading experiences in this evolving landscape. [Read more…] about Decentralized Identity: Reshaping Digital Identification Bitcoin

Filed Under: Business Tagged With: bitcoin, digital, fbc, identification, identity, quantum

Digital Gold Rush: Navigating the Landscape of Cryptocurrencies, Centered around Bitcoin

October 10, 2023 by Mark Allinson

In the rapidly evolving intersection of finance and technology, cryptocurrencies have gained prominence as a noteworthy contender, spearheaded by Bitcoin.

The evolution of Bitcoin and the consequent proliferation of diverse cryptocurrencies have triggered a digital phenomenon reminiscent of the gold rush, fundamentally reshaping our perspectives and behaviors surrounding currency, investments, and financial transactions.

While platforms like BitAlpha AI have made trading these digital assets more accessible, it’s imperative to understand the historical context and potential future of cryptocurrencies. [Read more…] about Digital Gold Rush: Navigating the Landscape of Cryptocurrencies, Centered around Bitcoin

Filed Under: Business Tagged With: bitcoin, Cryptocurrency, digital, finance

How Dashcams With Parking Cameras Work: A Beginner’s Guide

October 10, 2023 by David Edwards

Dashcams have become an increasingly popular technology for drivers looking to add an extra layer of security and evidence gathering to their vehicles. Now, dashcams with parking cameras are taking that functionality even further.

In this article, let’s explore how dashcams with parking cameras work. [Read more…] about How Dashcams With Parking Cameras Work: A Beginner’s Guide

Filed Under: Business Tagged With: cameras, dashcams, parking

Best Trading Bot: Automated Software for Cryptocurrency and Forex Trading

October 9, 2023 by Mark Allinson

In an age where digital assets are reshaping the financial world, having the right tools at your disposal isn’t just recommended – it’s imperative.

Imagine harnessing the power of machine intelligence to execute trades for you while mitigating losses and boosting profits. Welcome to the transformative realm of trading bots!

This blog post navigates the intricate labyrinth of automated software, focusing on top-notch solutions for both cryptocurrency and Forex trading. [Read more…] about Best Trading Bot: Automated Software for Cryptocurrency and Forex Trading

Filed Under: Business Tagged With: advantages, automated, bots, crypto, trading

Getting Started with Power BI Trial: A Step-by-Step Guide to Harnessing its Analytical Capabilities

October 6, 2023 by David Edwards

Businesses rely on efficient data analysis to make wise decisions and gain a competitive edge in today’s data-driven environment.

Microsoft’s potent business intelligence tool, Power BI, enables users to turn unprocessed data into interactive reports and dashboards that are aesthetically attractive.

If you’re unfamiliar with Power BI and want to learn more about its features, this step-by-step tutorial will show you how to sign up for the Power BI Trial. By the conclusion, you’ll have a strong foundation to use Power BI’s analytical capabilities. [Read more…] about Getting Started with Power BI Trial: A Step-by-Step Guide to Harnessing its Analytical Capabilities

Filed Under: Business Tagged With: bi, business, data, intelligence, power, reports, trial

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