Robert Bosch Tool Corporation
Robert Bosch Power Tools acquired a 49% stake in FerRobotics Compliant Robot Technology GmbH, an Austria-based provider in the field of contact-sensitive automation, from Ronald Naderer and Berndorf AG.
Stanley Black & Decker
DeWalt is celebrating their 100th anniversary this year. The company was founded in 1924 by Raymond DeWalt in Leola, Pennsylvania. The new company’s first product was an electric universal woodworking machine dubbed the DeWalt “Wonder Worker.” SB&D kicked off DeWalt’s 100th year at World of Concrete in Las Vegas by partnering with the City of Las Vegas and proclaiming January 23 Concrete Heroes Day.
Milwaukee Tool may have to pay $7.8 million in damages following a jury verdict in a patent-infringement case involving hand-held band saws. After a five-day trial in December 2023, a jury in US District Court found Milwaukee Tool infringed on the patent held by inventor Scott McIntosh of Wixom, Michigan. McIntosh’s company, Persawvere Inc., sued Milwaukee Tool in March 2021 for patent infringement. Persawvere alleged other major power-tool manufacturers had licensed its patents but Milwaukee Tool had refused to license any of Persawvere’s patents. Among the major brands that have licensed the patents are Makita, DeWalt and Bosch. Milwaukee Tool, which was sued under their corporate name, Milwaukee Electric Tool, denies they infringed on the patents and alleges the Persawvere patents are invalid, according to court documents.
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