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LG, Bear Robotics
LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
LG acquires majority stake in Bear Robotics
As part of this strategic move, LG Electronics' commercial robot business, will be integrated with Bear Robotics.
LG Electronics seizes control of Bear Robotics to boost robot business
LG Electronics has acquired management rights to Bear Robotics by purchasing an additional 30 percent stake in the Silicon Valley-based robotics startup, bringing its total holding to 51 percent, following an existing 21 percent stake.
Appliance giant LG takes majority stake in Bear Robotics
LG will incorporate Bear’s technology, including Servi the robotic waiter, into its own line of robots for consumers and businesses.
LG Electronics acquires 51% stake in Bear Robotics to enhance robot business
LG Electronics acquires 51% stake in Bear Robotics to enhance robot business LG Electronics expands robotics capabilities by increasing investment in Bear Robotics
LG Electronics to become largest shareholder in Bear Robotics
LG Electronics said Friday it would become the largest shareholder in Bear Robotics by exercising a call option to acquire an additional 30 percent stake in the US-based robotics firm. The decision, made during a board meeting Thursday,
LG ACQUIRES MAJORITY STAKE IN BEAR ROBOTICS TO BOLSTER ROBOTICS CAPABILITIES
LG Electronics (LG) has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup specializing in AI-driven autonomous service robots.
LG Electronics Acquires Majority Stake in Bear Robotics
LG Electronics (LG) has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup specializing in AI-driven autonomous service robots.
LG Electronics to become largest shareholder in U.S.-based robotics startup
LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting,
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9h
LG Bets on Bear Robotics to Serve Up Profitable Growth in the Autonomous Restaurant Waiter Market
LG Electronics has bolstered its robotics division by acquiring a controlling 51% stake in Bear Robotics, a Silicon ...
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7d
LG CNS, Bear Robotics Collaborate on Autonomous Mobile Robots for Logistics
LG CNS announced on the 20th that it will lead the digital transformation of the logistics industry through Autonomous Mobile ...
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6d
LG CNS to develop robots with U.S. startup Bear Robotics
LG
CNS aims for $4.1 billion valuation in February IPO
LG
CNS to go public next year in $5 billion IPO ...
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