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ROBOTICS AND AUTOMATION
Allied Motion Technologies Inc. | January 03, 2022
Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that it has acquired Spectrum Controls, Inc. (“Spectrum”), an innovator and manufacturer of a wide variety of Industrial I/O and Universal Communications Gateway products. The purchase price was $70 million, of which $45 million was paid at closi...
Traders Magazine | March 13, 2020
The history of creating a replica of physical body dates back to yester years when miniatures were built before the actual development of products or buildings. The process was proven to be quite effective in the management of the development process. This, in turn, facilitated the development of different technologies such as 3D modeling, CAD/CAM, etc. As technology keeps on evolving, the era of digital reinvention has dawned upon us. From miniatures to a digital replica, we have come a long wa...
Construction News | March 17, 2020
Construction sites are attempting to stay open today amid the latest coronavirus advice to reduce social contact, non-essential travel, and work from home where possible, writes the CN news team. There have not yet been reports of widespread site shutdowns, though it is widely feared these are inevitable. Many firms have sent office staff to work from home amid calls for clarity from government on the restrictions being imposed and on financial measures available to support those hit. A regional...
Tekfen | June 21, 2022
Tekfen Holding A.S., a leading conglomerate in the engineering, contracting and agriculture industries, announced a partnership and investment in Petra, the first undergrounding company using autonomous systems to bury critical utilities with robots capable of boring the hardest geologies in the world.
Tekfen Construction, the flagship company of Tekfen Holding, is renowned for the construction of large-scale projects—ranging from pipelines, power plants, industrial faciliti...
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