Mitsubishi Electric completed the acquisition of Clearpath Robotics.

Mitsubishi Electric, a multinational electronics and electrical equipment manufacturing company, completed the acquisition of Clearpath Robotics, a company that develops self-driving vehicles. Financial terms were not disclosed. Mitsubishi Electric, supported by partners such as Clearpath Robotics, is continuously evolving digital manufacturing through integrated solutions that utilize FA equipment, simulators, and other software using real and digital information. In the future, Mitsubishi Electric will envisage smart factories that integrate manufacturing and logistics to realize mass customized production and full factory automation by maximizing the use of the integrated solutions.