Allied Motion Technologies Completes Acquisition of Heidrive

Expands Allied Motion’s Product Offerings, Geographic Reach, Technical Sales and Systems Engineering Capabilities AMHERST, N.Y., Jan. 12, 2016 (GLOBE NEWSWIRE) — Allied Motion Technologies Inc. (NASDAQ:AMOT), a global designer and manufacturer of motion control products, announced today that it has completed the acquisition of Heidrive GmbH, a drive technology and engineering company for €20 million […]

World Wearable Robots, Exoskeletons 2015-2021

Dublin, Dec. 18, 2015 (GLOBE NEWSWIRE) — Research and Markets (http://www.researchandmarkets.com/research/x9rng5/wearable_robots) has announced the addition of Wintergreen Research, Inc’s new report “World Wearable Robots, Exoskeletons 2015-2021: Market Shares, Market Strategies, and Market Forecasts for the $2.1 Billion Industry” to their offering. Wearable Robots, Exoskeletons at $16.5 million in 2014 are anticipated to reach $2.1 billion […]

Industrial Robot Installations

Industrial Robot Installations

The number of industrial robot installations to increase from 200,000 in 2014 to 416,000 in 2020, according to a report published at business insider. This is only normal as the demand grows as well as the capabilities of industrial robots increase to work at more variety of tasks. See detailed story here: http://www.businessinsider.com/foreign-robotics-find-success-in-china-2015-9

IBM buying medical images to improve Watson

In an effort to facilitate learning of its AI platform Watson, IBM has bought a medical imaging company, in order to show its Watson lots (billions) of medical images, to improve its diagnostics ability. The system could prove very helpful in assisting doctors to make diagnostics. See details here: http://www.technologyreview.com/news/540141/why-ibm-just-bought-billions-of-medical-images-for-watson-to-look-at/

Equity fundings for robotics increase again

Our thanks to The Robot Report for providing us the article below: Santa Barbara, CA – Tuesday, June 16, 2015 – As of May 31st, equity fundings for robotics-related ventures totaled more than for all of 2014. A special Wall Street Journal report confirmed that money is flowing – liberally – for advanced manufacturing and […]

Microsoft is shutting down robotics division

Apparently not being feasible enough, Microsoft decided to shut down its robotics division, IEEE reports. The company was known in robotics field, especially with its software, Microsoft robotics studio. We currently have no information if this software will also be discontinued or not. Currently it is a full functioning software and download is freely available.

Google buys AI startup DeepMind

In continuation in their effort to improve their AI capability, Google has bought the AI start-up firm called Deep Mind. It is currently unclear which improvements this will bring for Google.  Although  the start-up company has not produced anything commercial so far,  still Google was willing to pay several millions of dollars.  The technology is […]

Giant companies are after getting a hold on internet of things

Giant companies are after getting a hold on internet of things

Google, GE, Facebook, and IBM. Nowadays, all of them are after groundbreaking technologies that will take our current level of understanding from internet and artificial intelligence. If you are a little bit tech savvy, you probably heard about “internet of things.” It is basically the current level of internet extending into the physical world and […]

Robot rings bell at NASDAQ for robotics industry ETF

Today, November 12th, for the first time the bell was rung by a robot at NASDAQ. This is also important as robotics and automation related technologies was for the first time introduced as an ETF, (ticker symbol: ROBO) which will help investors to benefit from the momentum of the robotics and automation sector. According to […]