Home / News / Rethink Robotics’ assets bought by Hahn, Universal Robots hires 20 employees from pioneering firm

Rethink Robotics’ assets bought by Hahn, Universal Robots hires 20 employees from pioneering firm

The failure of Boston-based Reconsider Robotics remaining month got here as a surprise to staff in addition to to an business that appears to be taking part in speedy enlargement. However two offers introduced this week will permit the pioneering company’s paintings to survive.

Hahn Workforce of Germany has received the patents and emblems from Reconsider Robotics. A former spouse, Hahn has already begun promoting a few of Rethinks robots on its website. The quantity paid used to be no longer disclosed.

In the meantime, Denmark’s Common Robots mentioned lately it has employed 20 Reconsider staff and merged them into their very own Boston operation.

“Our new colleagues from Reconsider have in depth experience, wisdom and technology no longer handiest concerning the era however certainly additionally concerning the marketplace prerequisites and what the purchasers’ pain-points are. All of this may get advantages our shoppers and companions as we are facing an building up in competition because of the massive marketplace possible for collaborative robots,” mentioned Common Robots’ President Jürgen von Hollen in a commentary. “Our talent to protected key contributors of the Reconsider staff could have a vital certain affect in assembly marketplace wishes and using innovation.”

Collaborative robots, or “cobots,” have transform one of the most fastest-growing segments of business robotics. BIS Analysis tasks the marketplace will develop from $283 million in 2017 to $three.26 billion by means of 2022. Those robots are clever sufficient and protected sufficient to accomplish repetitive, commercial duties along people. Their relative lower price in comparison to vintage commercial robots has additionally made them extra available to a broader spectrum of industries.

Based by means of a researcher from the Massachusetts Institute of Generation, Reconsider used to be an early mover in cobots. Reconsider drew large hype for its collaborative robots Baxter and Sawyer. Over the last 10 years, the corporate raised just about $150 million in undertaking capital, together with $18 million in August 2017. Nevertheless it by no means used to be ready to get sufficient marketplace traction, and in early October introduced it used to be abruptly final. Hahn says it’s going to proceed to increase Reconsider’s era.

Rethink Robotics' Sawyer and Baxter

Above: Reconsider Robotics’ Sawyer and Baxter

Symbol Credit score: Reconsider Robotics

As for Common, the hiring highlights the wildly divergent trail it’s adopted from Reconsider. Based in 2005, Common used to be received in by means of Teradyne in 2015 and simply bought its 25,000 cobot. A couple of weeks in the past, Common officers accrued on the New York Inventory Trade to have fun the milestone by means of having one in all its robot palms ring the outlet bell.

Common sells 3 cobots, starting from a table-top model for mild meeting to paintings to the biggest model designed for packaging and striking pieces on pallets. The cobots can take care of portray, screwing, and attaching labels, amongst different duties. Most significantly, the cobots are quite easy to arrange, and can also be reprogrammed for various jobs as a trade evolves.

rethink robotics assets bought by hahn universal robots hires 20 employees from pioneering firm - Rethink Robotics’ assets bought by Hahn, Universal Robots hires 20 employees from pioneering firm

Above: A Common Robots cobot rings the outlet bell on the NYSE.

Symbol Credit score: Common Robots

Common mentioned it plans to make stronger Reconsider’s Baxter and Sawyer fashions whilst additionally offering a roadmap to assist the ones shoppers sooner or later transition to its personal cobots.

“Reconsider Robotics – along side Common Robots – has been a pioneer in using and growing the collaborative robotics marketplace globally,” added Common’s Jürgen von Hollen in his commentary. “The corporate used to be all the time a excellent competitor, which helped us power cobot consciousness international, and we wish to be certain its shoppers can proceed to satisfy their collaborative automation projects.”

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