OMRON to Acquire U.S. Based Adept Technology
OMRON plans to acquire 100% of the outstanding shares of Adept common stock through an all cash tender offer followed by a second-step merger. OMRON will offer Adept investors $13.00 per share of Adept common stock, which represents a 63% premium over the closing price for Adept's common stock on September 15, 2015. This values Adept at approximately $200 million. OMRON will fund the tender offer through cash on hand.
Commenting on the acquisition, Yutaka Miyanaga, OMRON Industrial Automation Business Company President, said, "We are delighted Adept Technology, a world leader in robotics, has agreed to join OMRON. This acquisition is part of our strategy to enhance our automation technology and position us for long term growth. Robotics will elevate our offering of advanced automation."
Rob Cain, President and Chief Executive Officer of Adept, added, "We are excited about the opportunity to join OMRON, a global leader in automation. Together, our products will offer new innovative solutions to customers all around the globe."
Full Press Release:
3 Key Ways Automation Reduces Safety and Ergonomic Concerns
As companies continue to rely on automation to remain competitive, employees will have the benefit of working in safer environments. In the years to come, the question wont be "Is your company automating?" but instead "How is your company automating?"
New Open Loop Current Transducers With Near Closed Loop Performance
Measured performance is at the level expected and increases the range of applications which may be addressed by open loop transducers instead of more complex solutions.
Robot That Copies Artist's Exact Strokes To Replicate A Painting In 3D
From the Instapainting Blog:
Over the past three weeks I’ve been working on a robotic painter to research the area of mechanical artwork reproduction and automated picture to painting creation for Instapainting.com and the print store e-commerce platform A Manufactory .
The initial prototype was built in about 3 weeks, and currently does mechnical reproductions. The AI painting mode which will paint a photograph will follow in the next post (putting some finishing touches on it)...
...The current prototype operates on 3 dimensions: X, Y, and a Z axis for pen pressure from the Wacom tablet. The artist can control the motion from a Wacom tablet and, for the most part, it’s lag-free. Every stroke is recorded so that it can be played back. You can see both the intitial painting and the playback in the video below... ( full post )
Stony Brook University Helps Prepare Next Generation of Farmers by Introducing a Hydroponic 'Freight Farm' On Campus
Cited as 4th most environmentally responsible university* in 2015, SBU is first higher ed campus to get a Freight Farm.
New Automation Technician Program at George Brown College
The purpose of this program is to help graduates prepare for career opportunities in a variety of positions in field including automation, process control, PLCs, robotics, packaging, power generation, mining, machine design, and building automated systems, maintenance, transportation, systems integration, component testing, technical sales, quality control and a host of other fields.
194 Chinese Robot Companies
The robotics industry is booming in China. Companies are deploying thousands of robots in all types of factories, particularly in the auto industry. Chinese companies that manufacture robots and their components are also growing. This article will focus on the 107 makers of those robots.
Humanoid robot negotiates outdoor, rough terrain with ease
Boston Dynamics have developed the "Atlas" robot a highly mobility, humanoid robot designed to negotiate outdoor, rough terrain. Here is a video showing "Atlas" courtesy euronews.
Breaking down the robot-factory language barrier
In most industrial settings, robots speak one language and the plants within which they work speak another.
The Exploding Use of Robotics in Logistics and Manufacturing
The future of robotics contains the same level of certainty as the suns rising in the morning. Robots are becoming an integrated portion of the workforce, and they will be there every day thereafter, unless a company ditches robotics altogether.
Researching your first robot purchase? Don't be intimidated.
If youre considering a robot, you probably have a good sense of the process that youd like to automate. With that information, an integrator can get the process started, determining the clients needs and the best type of robot for the job.
Robotics firm GreyOrange raises $30 million, to expand overseas
GreyOrange, a robotics firm that is in the business of automating warehouses, has raised $30 million (Rs 191.6 crore) in a round led by Tiger Global Management, with participation from existing investors Blume Ventures.
The funding, which the company says is one of the largest for robotics company globally, will be used to invest in developing new products, expand internationally into Asia Pacific, Middle East and Europe. The company says it has a 90% market share of India's warehouse automation market and it powers over 180,000 square feet of warehouse.
"We are doubling our team size globally as we steer the company and our products beyond India and into international markets," said co-founder and CEO Samay Kohli, who founded the company with Akash Gupta in 2011.
The company has two products: The Sorter and the Butler. The former is a high-speed system that consolidates orders and routes parcels. By Diwali, the company will have installed sortation capacity of 3 million parcels per day.
The second product, the Butler, is an order-picking system that is tailored for high-volume, high-mix orders characteristic of e-commerce and omni-channel logistics fulfilment. Cont'd..
Giving robots a more nimble grasp
Engineers use the environment to give simple robotic grippers more dexterity.
Engineers at MIT have now hit upon a way to impart more dexterity to simple robotic grippers: using the environment as a helping hand. The team, led by Alberto Rodriguez, an assistant professor of mechanical engineering, and graduate student Nikhil Chavan-Dafle, has developed a model that predicts the force with which a robotic gripper needs to push against various fixtures in the environment in order to adjust its grasp on an object.
Robo-Sabotage Is Surprisingly Common
By Matt Beane for MIT Technology Review: I think perhaps there’s something else at work here. Beyond building robots to increase productivity and do dangerous, dehumanizing tasks, we have made the technology into a potent symbol of sweeping change in the labor market, increased inequality, and recently the displacement of workers. If we replace the word “robot” with “machine,” this has happened in cycles extending well back through the Industrial Revolution. Holders of capital invest in machinery to increase production because they get a better return, and then many people, including some journalists, academics, and workers cry foul, pointing to the machinery as destroying jobs. Amidst the uproar, eventually there are a few reports of people angrily breaking the machines.
Two years ago, I did an observational study of semiautonomous mobile delivery robots at three different hospitals. I went in looking for how using the robots changed the way work got done, but I found out that beyond increasing productivity through delivery work, the robots were kept around as a symbol of how progressive the hospitals were, and that when people who’d been doing similar delivery jobs at the hospitals quit, their positions weren’t filled. Cont'd...
Foxconn Seeks Manufacturing Sites in India
SEAN MCLAIN for WSJ.com: Foxconn became the latest global giant to declare its intention to tap into India’s budding manufacturing potential.
The company is looking for manufacturing sites in India. So far it hasn’t been able to settle on any in particular, Foxconn Chairman Terry Gou told a news conference in New Delhi.
“India is a big, big country. Too many places, too many states, too many cities. The choice is difficult,” he said.
Foxconn is the world’s largest contract electronics manufacturer by revenue. The Taiwanese company—known officially as Hon Hai Precision Industry Co.—is looking to tap India’s massive labor pool and has big ambitions for its Indian investments. It has long-term plans for Asia’s third-largest economy and hopes to do more in India than simply assemble smartphones and laptops. “We want to bring the whole supply chain here,” Mr. Gou said.
Analysts say Foxconn is looking to diversify its global network of factories as the company faces more competition and rising wages in China, where it has most of its manufacturing operations. Cont'd...
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