Universal Robots (UR) has hired 20+ Rethink staff members, merging UR's Boston office with Rethink's former headquarters in the Seaport area in Boston, with immediate effect. "These key personnel bring extensive collaborative robotics (cobots) experience in engineering, product development and customer applications, which will combine well with UR's expertise to continue to drive new and innovative cobot solutions," said a UR spokesperson.
"Our new colleagues from Rethink have extensive expertise, knowledge and know-how, not only about the technology, but indeed also about the market conditions and what the customers' pain-points are. All of this will benefit our customers and partners as we face an increase in competitors due to the huge market potential for cobots," said Universal Robots' President Jürgen von Hollen. "Our ability to secure key members of the Rethink team will have a significant positive impact in meeting market needs and driving innovation."
Cobots, a fast-growing segment of industrial robotics, is forecasted to grow from $283 million in 2017 to $3.26 billion in 2022, according to BIS Research. "Universal Robots' market-leading growth means continually adapting the company structure and processes to deliver its ambitious targets for 2019 and beyond. The addition of key Rethink Robotics personnel will help expedite UR's strategic ambitions and actions," said the spokesperson.
"Rethink Robotics - along with Universal Robots - has been a pioneer in driving and developing the cobots market globally," said Jürgen von Hollen. "The company was always a good competitor, which helped us drive cobot awareness worldwide, and we want to make sure its customers can continue to fulfill their collaborative automation initiatives."
For more information contact:
Universal Robots USA
5430 Data Court, Suite 300
Ann Arbor, MI
844-462-6268
ur.na@universal-robots.com
www.universal-robots.com/rethink