Samsung Electronics moves to become the largest shareholder in Rainbow Robotics
Samsung Electronics moved to become Rainbow Robotics' largest shareholder by exercising a call option that raised its stake to 35 percent.
Why it matters
The deal brought Rainbow Robotics into Samsung's consolidated robotics strategy and strengthened Samsung's access to humanoid, collaborative robot and AMR capabilities.
Evidence notes
- Samsung Electronics announced that it would exercise a call option to raise its stake in Rainbow Robotics to 35 percent and make the company a subsidiary in Samsung's consolidated financial statements.
- Samsung said the move was intended to accelerate future robot development including humanoid robots by combining Samsung's AI and software capabilities with Rainbow's robotics technology.
- The announcement also said Samsung would establish a Future Robotics Office and use Rainbow's collaborative robots, dual-arm mobile manipulators, and AMRs in manufacturing and logistics automation.
Company context
Develops humanoid and industrial robotic systems, originating from the KAIST HUBO research program. The company focuses on bipedal locomotion, manipulation, and robotic platforms for research and industrial applications, with additional products including collaborative and mobile robots.