1/19/10

Kraft and Cadbury Agree on Friendly Merger


Published: January 19, 2010

NEW YORK — After months of fiercely resisting any deal, Cadbury agreed Tuesday to an improved takeover offer from Kraft, worth about $19 billion, to create the world’s largest confectioner.
Together Kraft, the maker of Oreo cookies and Ritz crackers, and Cadbury, the producer of Trident gum and Dairy Milk chocolates, would have more than $50 billion in annual revenue and a big presence in markets from the United States to India.

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Motivation of Hour Twelve

Telerobotics is one of the most traditional fields of robotics. Researchers are continuously developing new control strategies, advanced interfaces and applications. Furthermore telerobotic developments are based on many technologies developed in other technical areas such as speech and gestures recognition (Artificial Intelligence), predictive simulators (Computer Graphics), or human system interfaces (Virtual Reality, Haptics).

Furthermore, Internet is now a far reaching medium and it offers the platform for the proliferation of telerobotic applications. All the most important robotics conferences have already established special telerobotics sessions, which reflects the increased interest in this field. The grown interest can also be seen in the increase of publications in the most important journals and magazines such as IEEE Transactions on Robotics and Transactions on Mechatronics.


TeleRobotics