Tokyo

Hitachi To Reduce Elevator Inspection Staff by Half With AI

Tokyo, Japan, conglomerate Hitachi plans to use generative AI software developed by Silicon Valley, California-headquartered Nvidia for elevator maintenance inspections, cutting the number of workers required for the job in...

EQT Announces US$2.7 Billion Tender Offer To Privatize Fujitec

BPEA Private Equity Fund IX ("EQT") is set to make a US$2.7 billion tender offer to privatize Fujitec Co., Ltd., PR Newswire reports. This marks the largest sponsor-led take-private deal in Japan year-to-date and EQT's largest...

Mitsubishi Electric Acquires Ireland’s Ascension Lifts

Through Stockholm, Sweden-based subsidiary Motum AB, Mitsubishi Electric Corp. acquired Dublin, Ireland-headquartered Ascension Lifts, Mitsubishi Electric announced on April 30. Mitsubishi Electric and its Tokyo-based subsidiary, Mitsubishi Electric Building Solutions...

MEBS to Launch Control Renewal Menu for Elevators by Other Manufacturers

Tokyo, Japan-headquartered Mitsubishi Electric Building Solutions (MEBS) will launch a new control renewal menu on March 19 for elevators manufactured by other companies and installed in existing buildings. By developing...

Fujitec Delivers 100-Plus Units to Tokyo Complex

Fujitec Co., Ltd. has delivered a total of 102 elevators and escalators to Shibuya Sakura Stage, a large-scale complex facility in Shibuya, Tokyo, that opened on July 25. This is...

Otis Sponsors Special Olympics World Games in Berlin

Continuing a more than 30-year tradition of giving back by partnering with the Special Olympics, Otis sponsored the Special Olympics World Games in Berlin, Germany, on June 17-25. More than...

Otis Volunteers Help Students Innovate To Mitigate Climate Change

Farmington, Connecticut-headquartered global OEM Otis recently highlighted an effort that involved more than 180 Otis volunteers and more than 230 students from 15 countries and territories brainstorming ways to mitigate...

New York-Miami Team Plans Pair of Miami Residential Towers

A team that consists of New York developer Shahab Karmely of KAR Properties and Miami developer Edgardo Defortuna of Fortune International Group plans to develop two connected riverfront towers designed...

Hitachi Develops Touchless Operating Panel for Elevators

Hitachi, Ltd. and Hitachi Building Systems Co., Ltd. recently announced in a press release that they have developed a touchless operating panel establishing an elevator without physical floor buttons. This...

Pair Of Mixed-Use Towers Part Of Redevelopment In Tokyo

A 155-m, 30-story tower and a 60-m tower are set to be built on a 0.8-ha site near the west exit of Tokyo's Shibuya Station, which handles commuter traffic between...