Moog Acquires Animatics
Moog Inc. (NYSE: MOG.A and MOG.B) announced today that it has acquired Animatics Corporation. The purchase price is approximately $25 million consisting of 467,749 shares of Moog Class A stock (based on a 30 day average price of $42.76) and $5 million in cash. Animatics, founded in 1987, is a leading supplier of SmartMotorâ„¢ servo motors and linear actuators used in industrial applications. Animatics had trailing 12 month revenues of $15 million.
MoonBots 2.0 Challenges Teams to Conduct Google Lunar X PRIZE Missions with LEGO Robots
The X PRIZE Foundation and the LEGO Group today announced MoonBots 2.0: A Google Lunar X PRIZE LEGO® MINDSTORMS® Challenge.
Robot Orders Surge 31% in First Quarter of 2011
North American robotics companies enjoyed their best opening quarter since 2007, according to new statistics released by Robotic Industries Association (RIA), the industry's trade group.
FireBird - The New Quad CXP-6 CoaXPress Frame Grabber
Active Silicon announces the first in a new line of high-speed frame grabbers.
ABB wins $120-million power transmission order in China
Jinping-Sunan UHVDC link to enable integration and transmission of renewable energy
Schilling Robotics sells three remote systems
Deep-ocean robotics manufacturer Schilling Robotics has sold three new remotely operated vehicle systems to contractor Subsea 7.
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