Alex Garden used to push games like FarmVille, Mafia Wars and Words With Friends onto your phone. Now he wants to push robotically-made pizza into your neighborhood. Can Zume really be the “Amazon of food”?
Though many in Germany remain uneasy about Midea’s friendly takeover of Kuka, it has started, with the Chinese appliance maker offering close to $130 per share and seeking as much as a 30% stake in the robotics leader.
More than 3,000 robotics companies are opened in the Chinese tech hub Shenzhen — up from 200 just two years ago — but 85% of the robots sold in the country are still foreign-made. Is this a bubble? Will it burst?
Pilz Managing Director Thomas Pilz and U.S. General Manager Mike Beerman discuss the need for investment in the Internet of Things to preserve manufacturing in the West while ensuring higher levels of safety.
Germany’s business and political elite should have realized what might be afoot when Midea first acquired a stake in Kuka in August. Now, with Midea offering up 4.5 billion euros and a 60% premium, it’s arguably too late.