Doosan Robotics acquires a majority stake of U.S.-based ONExia for $25.9M


Doosan Robotics acquires a majority stake of U.S.-based ONExia for .9M

ONExia’s PalletizHD system can deal with weights as much as 60 lbs (27.2 kg). | Supply: ONExia

Doosan Robotics right now introduced that it’s taking an 89.59% stake in ONExia Inc., a robotics system integrator and automation engineering agency. Doosan formalized the deal, valued at roughly KRW 35.6 billion, or $25.9 million U.S., via a inventory buy settlement and participation in a capital improve.

Based in 1984, ONExia stated it delivers “end-to-end” automation companies, from system design and manufacturing to implementation. The Exton, Pa.-based firm has established a presence in industries similar to manufacturing, logistics, and packaging.

The methods integrator had a beforehand established relationship with Doosan, nevertheless it additionally integrates methods from Common Robots and FANUC.

ONExia information to bolster AI capabilities

In recent times, ONExia has centered on growing its personal collaborative robots tailor-made to end-of-line (EOL) processes—similar to palletizing, field meeting, and packaging—that are in excessive demand throughout North America. Consequently, the corporate claimed that it has achieved a constant common annual gross sales progress of round 30%.

ONExia famous that it brings 25 years of gathered automation information and mission execution know-how. Doosan Robotics stated these property will straight improve its AI capabilities and resolution improvement, notably in areas the place data-driven intelligence is vital.

Doosan added that the acquisition will assist it compete globally. It stated the transfer alerts a strategic shift from a hardware-focused enterprise mannequin towards a extra built-in platform centered on AI and software program-based methods.

“This acquisition marks an vital milestone as we take tangible steps to strengthen our world presence, internalize AI applied sciences, and develop future-ready options,” acknowledged Kevin (Minpyo) Kim, CEO of Doosan Robotics. “ONExia’s experience and established place within the U.S. market will create highly effective synergies.”



Doosan invests extra on R&D

Seoul, South Korea-based Doosan claimed that it’s a world chief in cobots, offering security, payload capability, and attain for purposes throughout sectors. The firm, which earned a 2024 RBR50 Robotics Innovation ward for its Dart-Suite programming surroundings, has U.S. workplaces in Plano, Texas.

In parallel with this acquisition, Doosan stated it’s ramping up its investments in analysis and improvement. The firm is within the remaining phases of recruiting specialised expertise throughout robotics R&D, AI, software program improvement, high quality assurance, and company technique.

It is usually reorganizing its R&D division, inserting higher deal with AI, software program, and humanoid applied sciences. As well as, Doosan stated it expects to finish a brand new Innovation Middle for optimized improvement throughout the third quarter of this yr.

“To place ourselves as a worldwide chief in clever robotics and drive the way forward for bodily AI, we stay dedicated to investing in R&D, strategic M&A, and expertise,” Kim stated.

 

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles