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Announced

RAG-Stiftung-backed United Robotics Group to acquire SoftBank Robotics Europe.

Synopsis

RAG-Stiftung-backed United Robotics Group, a Software company, agreed to acquire SoftBank Robotics Europe, a humanoid robotics developer. Financial terms are not disclosed. "We are pleased to welcome SBRE with more than 180 exceptionally motivated robotics specialists. This is an important step for us on the way to further internationalizing our company. The future Aldebaran with their strong reputation in the market will help us to further expand our great potential in combining interaction robotics with our knowledge in collaborative industrial robotics," Thomas Hähn, United Robotics Group Founder and CEO.

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