TOKYO -- Japanese home furnishings maker Iris Ohyama will buy Smile Robotics, a robotics startup launched at the University of Tokyo, Nikkei has learned, as the company aims to make robots for corporate customers as early as 2025.
Business deals
Japan's Iris to buy robot startup launched by University of Tokyo
Consumer goods maker to develop cleaning machines with Smile Robotics
An Iris Ohyama automated cleaning robot: The home products maker will buy Tokyo University startup Smile Robotics to beef up its technology, aiming for a bigger slice of the business market.
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