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Braintech Inc. Diversifies by Acquiring Shafi, Inc.
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An Industry Proudly Comes of Age at Boston Event Business conclaves are always an excellent barometer of the state of the industry they’re focused on. And the Robotics Trends RoboBusiness Leadership Summit 2011, held last week in Boston, was no exception. Optimism reigned supreme throughout the two-day event, reflecting a view that the robotics industry was now back and stronger than ever, following months of slowed performance brought on by the recession. |
With its acquisition of Shafi, as well as through its own organic growth, Braintech has greatly increased its number of product installations and customers. This has resulted in an increase in revenue, but also a concomitant rise in operating expenses.
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