Company Overview
Snapshot
Founded in May 1982, RoboGroup operates with 11–50 employees. The company was acquired by Yaskawa in March 2008, becoming Yaskawa Europe Technology and a subsidiary of global Yaskawa in Israel.
Business overview
RoboGroup T.E.K. is a diversified global enterprise specializing in robotics, motion control, and technology education. Leveraging its expertise in automation and algorithmic functions, the company develops proprietary technologies and offers STEM-related training programs for students and teachers. Its core products include CoderZ and Intelitek, serving the education and industrial technology sectors.
Strategic signal
In April 2023, RoboGroup secured an agreement to supply training systems valued at approximately $1.4 million. This indicates continued demand for its educational robotics solutions and strategic partnerships that drive revenue growth in the STEM education market.
Company Intelligence Q&A
- What is RoboGroup's primary focus?
- RoboGroup T.E.K. is a diversified global enterprise with proprietary technologies in robotics, motion control, and technology education, developing STEM-related training programs for students and teachers.
- When was RoboGroup acquired?
- RoboGroup was acquired by Yaskawa in March 2008. Following the acquisition, the company's name was changed to Yaskawa Europe Technology, operating as a subsidiary of Yaskawa in Israel.
- What was a significant recent commercial agreement for RoboGroup?
- In April 2023, RoboGroup secured an agreement to supply training systems, valued at approximately $1.4 million.
- Did RoboGroup partner with Amazon for educational initiatives?
- In March 2020, Amazon partnered with RoboGroup to offer remote STEM courses for children and youth, with Amazon Canada also collaborating in November 2020.
- When did Cornell Capital Partners acquire control of RoboGroup T.E.K.?
- Cornell Capital Partners acquired control of RoboGroup T.E.K. for $5.5 million in June 2004.