Samsung pays $181M to become largest shareholder of Rainbow Robotics
Dec 30, 2024
Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion for the 14.7% stake in 2023, said it is acquiring the stake to bolster […] © 2024 TechCrunch. All rights reserved. For personal use only.
https://techcrunch.com/2024/12/30/samsung-pays-181m-to-become-largest-shareholder-of-rainbow-robotics/
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