Doosan Bobcat plans merger with Doosan Robotics to develop autonomy
26 July 2024
Doosan Bobcat’s board of directors have announced that it plans for Doosan Robotics to complete a merger with Doosan Bobcat by early next year.
Under the plan, Doosan Bobcat would become a wholly owned subsidiary of Doosan Robotics. In a company presentation, Doosan said that the strategy is part of a plan to “become a global full-range autonomous/automated solution provider.”
In a letter to shareholders, Doosan Bobcat CEO, Scott Park wrote that, “The…
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