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Artificial intelligence (AI) and robotics company Geek+ announced today that it has completed a Series B financing of $150 million, the world’s largest financing in AI-enabled logistics robotics. As of the closing of this round of financing, Warburg Pincus has committed a total of approximately $100 million in Geek+ through a series of investments since […]

Hoisting Equipment Specialists (HES), the Australia based lifting and rigging specialists is changing its name to Elevate Lifting and Rigging Pty Ltd. Founder and chief executive officer, Dean Nelson, says, “From the start we have strived to provide more for our customers. We have made a name for ourselves and built a reputation in the […]

MHE-Demag, a joint venture between Jebsen & Jessen (SEA) Pte Ltd and Demag Cranes and Components GmbH, has introduced a new maintenance concept under the name Engineered Service. At a reception, held during MHE-Demag Australia’s annual Service Conference, division manager of service Mark Beckwith introduced Engineered Service to all attendees by saying: “Engineered Service avoids […]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into […]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into […]