RoboGroup

Company Overview

Snapshot

Founded in May 1982, RoboGroup operates with 11–50 employees. The company was acquired by Yaskawa in March 2008, a significant milestone that led to its renaming as Yaskawa Europe Technology and integration as a subsidiary of global Yaskawa in Israel.

Business overview

RoboGroup T.E.K. is a diversified global enterprise specializing in robotics, motion control, and technology education. The company leverages its engineering and management expertise in automation, motion control, and algorithmic functions to develop various technology-related businesses. Its educational division focuses on creating STEM-related training programs for students and teachers, operating within the Education & Knowledge Technologies sector.

Strategic signal

In April 2023, RoboGroup secured an agreement for the supply of training systems valued at approximately $1.4 million. This indicates continued commercial traction and demand for its educational technology solutions, reinforcing its market position in STEM education.

Company Intelligence Q&A

When was RoboGroup acquired?

RoboGroup was acquired by Yaskawa in March 2008. Following the acquisition, the company was renamed Yaskawa Europe Technology and operates as a subsidiary of Yaskawa in Israel.

What was a significant partnership for RoboGroup in 2020?

In March 2020, Amazon partnered with RoboGroup to offer remote STEM courses for children and youth, expanding the reach of the company's educational programs.

What is RoboGroup's primary focus in education?

RoboGroup's educational division develops STEM-related training programs for students and teachers, utilizing its expertise in robotics and motion control.

What was a key financial event for RoboGroup in 2004?

In June 2004, Cornell Capital Partners acquired control of RoboGroup T.E.K. for $5.5 million.

What was a recent commercial agreement for RoboGroup?

In April 2023, RoboGroup signed an agreement for the supply of training systems, valued at approximately $1.4 million.