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ABB to Acquire ASTI Mobile Robotics Group

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ZURICH, July 26, 2021 — Global technology company ABB will acquire ASTI Mobile Robotics Group, a manufacturer of autonomous mobile robots (AMRs) powered by a proprietary software suite. The acquisition will expand ABB’s robotics and automation offerings. The acquisition agreement was signed July 19 and is expected to close in mid-summer 2021. Both parties agreed not to disclose details regarding the purchase price. In a press release, the companies said AMRs will support a range of flexibility, from production, logistics, intralogistics, and fulfillment, through to retail and health care environments....Read full article

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    Published: July 2021
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    Businessroboticsautonomous mobile robotsAMRacquisitionsmergersmergers & acquisitionsABBABB GroupASTIASTI Mobile Roboticsautomationmachine visionrobotsindustrialmanufacturingEurope

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