CURRENT AFFAIRS

Detailed explanation-1: -Bharat Fritz Werner Ltd (BFW), a Bengaluru-based machining solution provider, has partnered with Universal Robots, a Danish robot maker and a leader in collaborative robots , to co-create robots for MSME sector.

Detailed explanation-2: -Universal Robots is a Danish manufacturer of smaller flexible industrial collaborative robot arms (cobots), based in Odense, Denmark. Since 2015, the company has been owned by American automatic test equipment designer and manufacturer Teradyne.

Detailed explanation-3: -(NYSE:TER) announced today that it has completed the acquisition of Universal Robots, the leading supplier of collaborative robots; low-cost, easy-to-deploy and simple-to -program robots that work side by side with production workers to improve quality and increase manufacturing efficiency.

Detailed explanation-4: -Cobots offer Game Changing benefits. Cobots from Universal Robots give manufacturers access to all the benefits of advanced robotic automation, without the extra costs associated with traditional robots: difficult programming, long set-up, and shielded work cells.