Elevator design hasn't progressed very much during the past 160 years, and still comprises cabins which move vertically in a shaft supported by cables. This is inefficient and limiting, taking up a ...
People laughed when ThyssenKrupp, a company synonymous with elevators, announced it was developing one that goes every which way. Who'd ever heard of such a thing? Everyone knows elevators go just two ...
On Thursday, February 27, Thyssenkrupp AG’s Supervisory Board announced it would sell its elevator segment to a private-equity consortium led by Advent International, Cinven, and RAG foundation for 17 ...
Looking to expand versatility in building designs, Essen, Germany-based ThyssenKrupp Elevator AG has announced Multi, a cable-less elevator system propelled by magnetic induction. Multi will allow ...
MAX brings elevators into the Internet of Things with highway-like traffic control. Your morning commute might just get faster. Going up? Good luck. A Columbia University study found that New York ...
FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp AG <TKAG.DE> said on Thursday it agreed to sell its elevators division to a consortium of Advent, Cinven [CINV.UL] and Germany's RAG foundation for 17.2 ...
Think back to the last time you were in a lobby jam. You know, that pileup of people all waiting for an elevator. Someone has already hit the “Up” button. But as the seconds pass, they seem like ...
ESSEN, Germany/FRANKFURT (Reuters) - Thyssenkrupp has received bids from at least three major bidding groups for a majority stake in Thyssenkrupp's <TKAG.DE> elevator business, four people familiar ...
FRANKFURT | DUESSELDORF:- Swiss elevator maker Schindler would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp's lift division with rival Kone, board ...
The battle for Thyssenkrupp AG’s elevator unit is heating up as rival bidders Kone Oyj and Blackstone Group Inc. position themselves with potential partners for a deal that could fetch more than 15 ...
Stairs are great for a workout and a necessity during emergencies. But when you need to get up several floors fast, nothing beats an elevator. As more people flock to cities with ever-higher ...
Thyssenkrupp on Thursday said it agreed to sell its elevators division to a consortium of Advent, Cinven and Germany's RAG foundation for 17.2 billion euros ($18.7 billion) in what could be the ...
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