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Posted 23rd July 2015

Siemens Acquisition of Magazino from HTGF

Siemens Acquisition of Magazino from HTGF

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Siemens Acquisition of Magazino from HTGF

Siemens Acquisition of Magazino from HTGF

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Munich-based robot startup Magazino announces that Siemens bought HTGF’s and two business angels’ shares in the startup. Last year, these had invested €500 k. Magazino is a sorting and packing robot. The founders kept 50,1% of the company, that has over 20 employees.

Categories: Finance, M&A, Strategy


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