The Robot Report column by Frank Tobe

Over $19 billion paid to acquire 50 robotics companies in 2016

2016 was a banner year for acquisitions of companies involved in robotics and automation: 50 sold; eleven for amounts over $500 million; five were over a billion. 30 of the 50 companies disclosed transaction amounts which totaled up to a colossal $18.867 billion.

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Big data, the cloud and Fanuc?

Fanuc, the world’s largest maker of industrial robots, plans to start connecting 400,000 of their installed systems by the end of this year. The goal is to collect data about their operations and, through the use of deep learning, improve performance. Similarly, Kuka is building a deep-learning AI network for their industrial robots.

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