LG, Bear Robotics

LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
Appliance giant LG takes majority stake in Bear Robotics
LG will incorporate Bear’s technology, including Servi the robotic waiter, into its own line of robots for consumers and businesses.
LG acquires majority stake in Bear Robotics
As part of this strategic move, LG Electronics' commercial robot business, will be integrated with Bear Robotics.
LG Electronics acquires 51% stake in Bear Robotics to enhance robot business
LG Electronics acquires 51% stake in Bear Robotics to enhance robot business LG Electronics expands robotics capabilities by increasing investment in Bear Robotics
LG Electronics seizes control of Bear Robotics to boost robot business
LG Electronics has acquired management rights to Bear Robotics by purchasing an additional 30 percent stake in the Silicon Valley-based robotics startup, bringing its total holding to 51 percent, following an existing 21 percent stake.
LG Electronics to become largest shareholder in U.S.-based robotics startup
LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting,
LG Electronics Slides to Net Loss on Flat Sales
The South Korean consumer-electronics giant expects macroeconomic and business uncertainties to persist this year.
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