Found in Robotics News & Content, with a score of 9.73
April 28, 2021
…Since the first cobot was launched in 2008, the company has experienced considerable growth. It was acquired by Boston-based Teradyne Inc. in 2015. Universal Robots has regional offices in 19 countries, and in 2020, it had revenue of $219 million (U.S.).
Found in Robotics News & Content, with a score of 8.94
April 28, 2021
…Robots was founded in 2005 and is part of Teradyne Inc. Cobot Welder addresses welder shortage “The welding profession is experiencing a labor crisis,” said Joe Campbell, senior manager of applications development and strategic marketing for North America at Universal Robots. “The average age for skilled welders is 55. Most are likely to retire within 10 years, and younger people aren’t entering the profession in sufficient numbers to sustain industry demand.” “There is an urgent need for collaborative welding systems that are safe to use around human beings and can be used to support expert human welders by taking over…
Found in Robotics News & Content, with a score of 5.34
March 30, 2021
…Greg Smith, [president of the Industrial Automation Group at] Teradyne, obviously has a tight connection to diverse technology—MiR, AutoGuide, Universal Robots [UR], and Energid. Dave Robers, [sales manager—Americas at] DENSO, had a unique perspective [being from] a robot company with strong connections to one of the world’s largest automotive tier suppliers. This new class class of robots includes features such as ease of programming, ease of handling, software integration, and components ecosystems now bundled to applications. The adoption of cobots has grown slowly among small and midsize enterprises (SMEs)—do you expect that to grow this year or next? We are…
Found in Robotics News & Content, with a score of 8.53
March 29, 2021
…experienced considerable growth. Universal Robots is a unit of Teradyne Inc. and has regional offices in 19 countries worldwide. In 2020, the company had a revenue of $219 million (U.S.). Universal Robots has delivered more than 51,000 cobots, thanks to its strategy of focusing on ease of use, a small footprint for collaboration and flexibiliity, and reasonable pricing, Meier claimed. “In addition to our very wide market of SMEs, customers that want huge, complex projects can find our cobots are well-prepared to be integrated into PLC-controlled environments and to interact with different machines, such as conveyors,” he said. “There are…
Found in Robotics News & Content, with a score of 34.66
March 25, 2021
…most promising vendors of autonomous handling robots. They include Teradyne, Fetch Robotics, BlueBotics, Seegrid, Gideon Brothers, Agilox, Baylo, IAM Robotics, Vecna Robotics, and Forward X. ABI said its ranking criteria include the companies' innovations, mass deployments, and partnerships. It said the following automation providers performed the best: Market leaders: Teradyne, Fetch Robotics, BlueBotics Top implementers: Teradyne, Fetch, BlueBotics Top innovators: IAM Robotics, AGILOX, Seegrid, Gideon Brothers, Vecna Robotics, Fetch Robotics Teradyne led the field through its industrial automation business, which includes the acquisitions of autonomous mobile robot (AMR) developer Mobile Industrial Robots (MiR) and heavy automated guided vehicle (AGV) developer…
Found in Robotics News & Content, with a score of 16.87
February 26, 2020
…2017 to 2018. In 2018, MiR was acquired by Teradyne, the leading supplier of automated test equipment. For more information, visit http://www.mobile-industrial-robots.com. “MiR has provided AHS with the opportunity to solve non-value-added movements within a distribution center or a warehouse. There are a number of options available to the market, but MiR provides the ultimate capability to customize top modules, secondary equipment, or software. We are excited and have seen significant interest in the technology over our last two years working with MiR. Our alignment will provide further access to systems integration solutions for our current and future customers” says…
Found in Robotics News & Content, with a score of 14.96
February 19, 2020
…Tyler McCoy, JR Automation Technologies LLC; Gary McMurray, Georgia Institute of Technology; Craig Salvalaggio, Applied Manufacturing Technologies; Walter Vahey, Teradyne; and Carol Woten, Genesis Systems - IPG Photonics Company. After many years of dedicated service, Catherine Morris, ATI Industrial Automation; Stu Shepherd, Universal Robots; and Mike Jacobs, Applied Manufacturing Technologies are departing the RIA Board. These three board members were recognized at the recent A3 Business Forum for their service to the industry and to the RIA and A3 associations.
Found in Robotics News & Content, with a score of 10.02
January 08, 2020
…I.D. Systems and Jungheinrich AG sign global technology agreement Teradyne to acquire AutoGuide Mobile Robots Sealed Air acquires Automated Packaging Systems Hyster-Yale Group to collaborate with Honeywell Shopify acquires 6 River Systems Dematic announces strategic partnership with OPEX Locus Robotics announces technology collaboration partnership with RightHand Robotics After acquiring MHS in 2017, THL acquires AutoStore GreyOrange partners with eight supply chain industry leaders in the United States Tompkins Robotics partners with Bastian Solutions Research and economy Robotic unit orders show growth over last year CBRE report: Online returns expected to total $37 billion for 2018 holiday season Deloitte industrial manufacturing…
Found in Robotics News & Content, with a score of 9.16
December 19, 2019
…supply chain. Meanwhile MiR, an AMR company acquired by Teradyne in 2018, is beginning to achieve growth rates in excess of the company’s other robotics acquisition of major cobot developer, Universal Robots. The distinction between AGVs and AMRs can be contested, but AMRs do not require external infrastructure to localize themselves and are built with sensors and cameras to self-navigate their environments. Currently, AGVs represent the majority of mobile robot shipments, but by 2030, this will change. While there will be 2.5 million AGVs shipped in 2030, the total shipments of AMRs will reach 2.9 million in the same year.…
Found in Robotics News & Content, with a score of 4.28
December 02, 2019
…like Shopify acquiring 6 River Systems for $450m and Teradyne acquiring AutoGuide Mobile Robots & Mobile Industrial Robots (MiR) for $165m & $272M respectively are the outcomes behind this disruptive technology in the warehouses and logistics. Apart this, there have been some major M&A like KUKA (Midea Group) acquiring Swisslog, KION acquiring Dematic and Egemin, Toyota acquiring Vanderlande and Bastian Solutions, and Murata Machinery acquiring AGVE AB as well. Deploying last-mile delivery robots and drones Last-mile service has been identified as key differentiator amongst competitors, from renowned retailers to local businesses. Drones and unmanned ground vehicles (UGV) are showing up…
Found in Robotics News & Content, with a score of 9.88
June 20, 2018
…sold the Danish cobot company Universal Robots to U.S.-based Teradyne for $285 million. With their new venture, the two investors now further strengthen Denmark’s global position in the robotics field. “In recent years Denmark has successfully established itself as a global hub for robotic technologies,” said Christian Motzfeldt, CEO of the Danish Growth Fund. “Universal Robots was a pioneer, and since then, many more strong and innovative companies have been formed with roots in Odense, Denmark. The new OnRobot has the potential to become not only a world-leading company, but also a catalyst for further development of the Danish robotics…
Found in Robotics News & Content, with a score of 17.48
August 31, 2017
…as newer, smaller firms, are developing and introducing innovative collaborative robotics technologies into the market. Examples include Universal Robots (Teradyne), KUKA, Rethink Robotics, ABB, Kawada Industries, Fanuc, Franka, Denso, and Comau. These findings are from ABI Research’s Industry Survey: Transformative Technology Adoption and Attitudes – Robotics report. This report is part of the company’s Robotics, Automation & Intelligent Systems research service, which includes research, data, and analyst insights.
