# OMRON to acquire 10% stake in cobot maker Techman Robot

OMRON Corp. announced on November 8, 2021, an agreement to invest in Techman Robot Inc., acquiring approximately 10% of the company, with the transaction expected to close in December 2021.

- Type: Acquisition
- Announced: 2021-11-08
- Status: announced
- Products: collaborative robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [OMRON](https://endata.com/companies/3384.md) (investor)
- [Techman Robot](https://endata.com/companies/18613.md) (target)

## Sources

- [robotics247.com](https://www.robotics247.com/article/omron_to_acquire_10_stake_in_cobot_maker_techman_robot/Industrial_Automation), 2021-11-08: "OMRON Corp. yesterday announced that it has agreed to invest in Techman Robot Inc., which claimed to be the world's second-largest maker of collaborative robots."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
