Mobileye IPO’s Amidst Mixed Fortunes for Autonomous Technology Firms
Mobileye, the maker of the EyeQ “system on chips” which are used to interpret images taken from cameras onboard cars for applications...
Amazon Takes Another Step into Home Automation with iRobot Acquisition
Amazon announced the acquisition of robotic vacuum manufacturer iRobot for around $61 per share or $1.7 bn including the net debt of the...
SPAC (Special Purpose Acquisition Company) Fuels the Takeoff of Air Taxis
Startup companies are in the race of urban air mobility by developing electronic aircrafts capable of vertical takeoff and landing...
Hyundai Motor Buys Controlling Stake in Boston Dynamics from Softbank Group
Hyundai Motor Group is buying an 80% stake in robotics provider Boston Dynamics from SoftBank Group, worth $880m, to develop and...
AMD Agrees to Buy FPGA Maker Xilinx to Boost AI and Edge Computing
Advanced Micro Devices has agreed to buy programmable chip maker Xilinx in a $35 billion deal to diversify its product portfolio and aid...
Emerson Has Made Multiple Bids For Rockwell as it Chases Automation Dream
Rockwell Automation has been the subject of numerous bids by fellow U.S. industrial powerhouse Emerson Electric, it emerged in late...
