The North American company Teradyne has announced the purchase of the privately held Danish company MiR for 121 million Euros net of acquired cash plus 101 million Euros if certain performance targets are met, extending until 2020. Mobile Industrial Robots (MiR), headquartered in Odense, Denmark, began operations in 2013 and is now one of the largest providers of collaborative autonomous mobile robots (AMRs) for industrial use. This sector, an emerging category within the logistics systems sector, represents approximately $1.1 billion of the global market for professional service robots.
The CEO of Mobile Industrial Robots (MiR) stated, “Our tremendous growth in 2017 and during the first quarter of 2018 is primarily due to orders from multinational companies, with orders for larger fleets of mobile robots after testing and analyzing the possibilities with the MiR100 and MiR200 in their production. I can proudly say that, globally, we are currently the manufacturer with the largest number of collaborative robots operating in facilities around the world.”.
On the other hand, Mark Jagiela, President and CEO of Teradyne, stated, “We are very pleased to have MiR join Teradyne’s expanding portfolio of intelligent and advanced automation products.” He added, “MiR is a leader in the rapidly growing, emerging market for collaborative autonomous mobile robots (AMRs). Like Universal Robots’ collaborative robots, MiR’s industrial mobile robots make it easier for businesses of all sizes to automate their operations without requiring specialized personnel or redesigning their existing workflows. This, combined with a rapid return on investment, opens up a vast new market for automation. Building on the proven success of Universal Robots, we look forward to leveraging Teradyne’s global capabilities to further expand MiR’s reach.”.
