Rainbow Robotics Archives | Be Korea-savvy

Samsung’s Investment in Rainbow Robotics Sparks M&A Resumption Speculation

SEOUL, March 21 (Korea Bizwire) — Samsung Electronics Co.’s acquisition of additional shares in robot developer Rainbow Robotics is igniting interest on whether it will resume large-scale merger and acquisition (M&A) initiatives, which have been halted for about six years. The South Korean tech giant can become the largest shareholder of Rainbow Robotics depending on [...]

Samsung Acquires Additional Shares of Rainbow Robotics

SEOUL, March 16 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has acquired additional shares of Rainbow Robotics, in a move to enhance its robotics business, a sector it sees as having a huge growth potential. Samsung said in a regulatory filing that it bought 913,936 shares of the South Korean robot company for [...]