Robotland Bookstore

Wednesday, March 14, 2012

Softbank invests US$ 150 M in Robotics

The Financial Times is reporting that Japanese telecom company Softbank has invested about US$100 million for a majority stake in Aldebaran Robotics, the French maker of the popular NAO humanoid robot. According to the Times article, Softbank purchased over an “80 per cent stake in the business, and will invest another $40m to $50m to accelerate development. Softbank bought out existing shareholders in the company, including Intel Capital, CDC Innovation, iSource and Crédit Agricole Private Equity.”  Last summer Intel had invested some $13m in the company.

No comments: