Rethink Robotics Shuts Down

The Sawyer robot. (Image courtesy of Rethink Robotics)

The news today that Rethink, the pioneering collaborative robotics firm behind Baxter and Sawyer, had shut down came as a surprise to many in the industry.
The Robot Report broke the news yesterday that the company was hoping to be acquired, but the deal was never sealed. CEO Scott Eckert stated, “We thought that we had a deal that we were going to be able to close.”
The shutdown comes after missed sales goals for B…

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Source Website: Advance Engineering –