Finance & Investment

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Segway Performing a Balancing Act

Few modern products elicit as many polarizing comments as Segway’s Personal Transporter (PT), unveiled in 2001 by Dean Kamen and the Bedford, N.H.-based company of the same name. Some consider the product revolutionary and successful, while others note that sales...

Cimcorp Acquires RMT Robotics

European automated material handling company acquires RMT Robotics, which will offer integrated robotic gantry systems for tire, warehouse and distribution markets.

Motoman’s Dual-Armed SDA Series Supports “Insourcing”

[Editor’s Note: On June 1, 2010, after our article went to press, Motoman Inc. and Yaskawa Electric America, Inc. announced that they will combine to form Yaskawa America, Inc. The Motoman Inc. operations will form the Motoman Robotics Division of...

What’s Up with Hansen Medical?

The story of Hansen Medical is a Silicon Valley cautionary tale repeated by various technology companies over the last few decades. Initial success and millions of dollars in venture capital funding often lead management to take shortcuts to maintain early...

Segway Merged and then Sold to Itself

Announcement noted that the merger/sale was accomplished on December 24, 2009, and that N.H.-based Segway also received funding that will be used to support the company going forward.

FMC Buys Schilling for Robot Probes of Underwater Equipment

Summary: FMC Technologies, which makes fluid-control and construction systems for the oil industry, has bought 45 percent of Schilling Robotics, largely for Schilling’s developments in remote manipulators and remote-operated inspection and repair vehicles. FMC Technologies, Inc. and Schilling Robotics announced...