Latest News

Dow Jones Newswires: United Robotics Group to acquire developer of SoftBank’s Pepper robot

0

United Robotics Group, a German robot maker, has reached an agreement to acquire SoftBank Robotics Europe SAS, the developer of humanoid Pepper robot, the companies said.

SoftBank
9984,
-0.87%

will acquire a minority stake in United Robotics Group, and the two companies will cooperate in the global marketing of various robots, the companies said in a statement. They didn’t disclose the size of the acquisition.

The deal, subject to regulatory clearance, is expected to close in the second quarter of 2022, according to the statement.

: Twitter shareholder sues Elon Musk over delayed disclosure of his stake

Previous article

Which Oil Giant Stands To Lose The Most In The Exodus From Russia?

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News