The Rethink Robotics shutdown
Rethink Robotics, the Boston, Mass.-based maker of collaborative robots Baxter and Sawyer, shut down Oct 3 2018. The company was short on cash as its sales failed to meet expectations. On Oct. 25, however, German automation specialist HAHN Group acquired Rethinks IP. The HAHN Group will further develop Rethink’s technology, “combining it with German engineering and know-how of industrial applications.