Caterpillar and rival Doosan Bobcat open new tabs in Texas federal court, accusing Bobcat of infringing several patents related to improving earthmoving machinery.
Discussions between Wacker Neuson SE and Doosan Bobcat Inc. regarding the acquisition of a majority stake and takeover of Wacker Neuson SE will not be continued.
In this newly established executive role, Ness Owens will lead global marketing, brand, customer experience and corporate communications strategies for the organization.
Doosan Bobcat announced its first-quarter results on April 28; Due to the high base effect from the previous year and economic uncertainties, revenue was down 20% year-over-year.
Doosan Bobcat has announced it signed a Memorandum of Understanding (MOU) with LG Energy Solution for collaboration of standardized battery packs solution for compact construction equipment
Doosan Bobcat and LG Energy Solution have announced the companies have signed a Memorandum of Understanding (MOU) for the development of battery pack solutions for compact construction equipment.
On July 11, Doosan Bobcat announced plans to merge with Doosan Robotics, however the OEM is now backing down from that plan, according to a letter to Doosan Bobcat shareholders.
It's "a move aimed at prodding Bobcat to take an active role in expanding Doosan Group's business through M&As, for which Doosan Group is willing to spend several billion dollars."
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