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Universal Robots Hires Rethink Employees

Friday, December 28, 2018
Universal Robots announced the hiring of more than 20 staff member of Rethink Robotics, a collaborative robotics company that closed its doors last October and whose patents and trademarks were purchased by Germany’s Hahn Group. “Our new colleagues from Rethink have extensive expertise, knowledge and know-how, not only about the technology, but 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 collaborative robots,” says Universal Robots’ President Jürgen von Hollen.

Collaborative robots, now the fastest-growing segment of industrial robotics, is forecasted to grow from $283 million to $3.26 billion in 2022, according to BIS Research.


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