South Korean corporation Doosan Robotics made a significant step forward by announcing the acquisition of a substantial stake in American manufacturer of robots and automated solutions Onexia. The transaction amounted to about $25.9 million, equivalent to roughly â‚©35.6 billion. This deal marks Doosan Robotics' transition from focusing solely on hardware solutions to creating comprehensive platforms for intelligent robots based on artificial intelligence and modern control algorithms.
▌ What Is Onexia?
Established in 1984, Onexia specializes in designing, producing, and supplying automatic systems across various industrial sectors, including manufacturing, logistics, and packaging. Over recent years, the company actively developed its activities by offering specialized automation systems for packing and palletization processes, demonstrating steady annual sales growth of around 30%.
▌ Why Is This Purchase Important for Doosan Robotics?
Acquiring a significant portion of Onexia allows Doosan to significantly strengthen its positions in the global robotics technology market. For Doosan, it's crucial to expand their offerings towards intelligent solutions and integration of software that can effectively interact with physical robot systems. This enables the company to go far beyond traditional equipment markets and become a leader in developing innovative products utilizing advances in artificial intelligence and machine learning.
Additionally, the acquisition gives Doosan access to Onexia's expertise in creating efficient and cost-effective automated systems already proven successful in the American market. These insights will be used to develop cutting-edge products capable of enhancing enterprise efficiency while reducing maintenance expenses on production lines.
▌ Development Strategy of Doosan Robotics
Currently, the company seeks to change its business structure by shifting emphasis from producing physical equipment to creating a comprehensive platform combining artificial intelligence technologies, software, and mechanical components. Such an approach ensures high competitiveness of Doosan Robotics' products globally.
To support its transformation strategy, Doosan actively invests in research and development of new solutions. Among priority directions are the development of humanoid robots and specialized solutions for specific industries. According to Kevin Kim, CEO of Doosan Robotics, acquiring Onexia is part of the company's strategy to achieve leadership positions in the field of physical robotics and artificial intelligence.
▌ Conclusion
The transaction between Doosan Robotics and Onexia opens new horizons for both companies. The South Korean producer will reinforce its presence in international markets, introduce advanced technologies, and integrate unique competencies from the American firm. The acquisition underscores Doosan's commitment to achieving leading roles in developing promising areas of robotics oriented towards using artificial intelligence and autonomous solutions. It is anticipated that this move will serve as a pivotal stage in shaping a new era of robotic solutions enabling businesses to optimize processes and improve efficiency.