Games developer tinyBuild seeks to boost £500 million market cap by becoming a media company. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHalma Share News (HLMA)

Share Price Information for Halma (HLMA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2,834.00
Bid: 2,834.00
Ask: 2,836.00
Change: 0.00 (0.00%)
Spread: 2.00 (0.07%)
Open: 2,819.00
High: 2,883.00
Low: 2,802.00
Yest. Close: 2,791.00
HLMA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

TOP NEWS: Ocado invests in autonomous vehicle software firm Oxbotica

Fri, 16th Apr 2021 07:47

(Alliance News) - Ocado Group PLC on Friday said it is investing GBP10 million in autonomous vehicle software company Oxbotica Ltd.

Oxbotica was founded in 2014 as an Oxford University spin-out.

Ocado's investment is part of a commercial partnership between the two to collaborate on hardware and software interfaces for autonomous vehicles, enhancing and integrating Oxbotica's autonomy software platform into a variety of vehicles.

The use cases range from vehicles that operate inside of Ocado's Customer Fulfilment Centre warehouses, to last-mile deliveries and "kerb-to-kitchen robots".

"This will be a multi-year collaboration, and the ultimate ambition is to enable Ocado's partners that use the Ocado Smart Platform to reduce the costs of last-mile delivery and other logistics operations," said Ocado.

The two began working together in 2017, when Ocado conducted a two week trial using an early prototype delivery vehicle doing autonomous deliveries in Greenwich, London. Since then, Ocado said Oxbotica has made "significant progress" in developing its platform, leading to Friday's announcement of the FTSE 100 constituent's financial injection and commercial collaboration.

Ocado will invest as part of Oxbotica's latest series B funding round and will take a seat on Oxbotica's board.

The round was led by bp ventures, and included other investors such as Tencent Holdings Ltd, Halma PLC and IP Group PLC.

Beyond potential cost savings within its core operations, Ocado said it sees scope to improve its partners' customer proposition.

For both regulatory and "complexity" reasons, Ocado expects that the development of vehicles that operate inside its CFCs may become a reality sooner than fully-autonomous deliveries to consumers' homes.

"However, all aspects of autonomous vehicle development will be within the scope of this collaboration. Ocado expects to see the first prototypes of some early use cases for autonomous vehicles within two years," said Ocado.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News

Monday broker round-up

(Sharecast News) - Serco: Numis upgrades to buy with a target price of 180p.

14 Jun 21 13:49

BROKER RATINGS: CRH and Diageo suffer downgrades

BROKER RATINGS: CRH and Diageo suffer downgrades

14 Jun 21 09:35

BROKER RATINGS: Deutsche Bank downgrades Ashtead to Hold from Buy

BROKER RATINGS: Deutsche Bank downgrades Ashtead to Hold from Buy

11 Jun 21 09:32

TOP NEWS: Halma raises dividend after full-year profit climbs

TOP NEWS: Halma raises dividend after full-year profit climbs

10 Jun 21 09:56

LONDON MARKET PRE-OPEN: Altice buys 12% stake in BT, no takeover plans

LONDON MARKET PRE-OPEN: Altice buys 12% stake in BT, no takeover plans

10 Jun 21 07:54

Halma ups dividend as trading improves

(Sharecast News) - Halma increased its final dividend by 8% as the company posted record annual profit and said the current year had started well.

10 Jun 21 07:37

Thursday preview: US CPI, Halma in the spotlight

(Sharecast News) - Thursday will see the release of the week's key data point, a report on US consumer prices in May.

9 Jun 21 09:50

BROKER RATINGS: Morgan Stanley upgrades boohoo to Equal Weight

BROKER RATINGS: Morgan Stanley upgrades boohoo to Equal Weight

4 Jun 21 09:36

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

3 Jun 21 15:51

London open: Stocks dip as investors wait on Fed, more US tech earnings

(Sharecast News) - Stocks were trading slightly lower in early trading despite better-than-expected results out of BP and HSBC.

27 Apr 21 08:15

Halma buys perinatal software specialist PeriGen in USD58 million deal

Halma buys perinatal software specialist PeriGen in USD58 million deal

27 Apr 21 08:13

Halma acquires baby delivery technology firm PeriGen

(Sharecast News) - Halma has acquired North Carolina-based PeriGen, it announced on Tuesday, for $58m (£42m).

27 Apr 21 07:16

London pre-open: Futures flat, but BP and HSBC beat

(Sharecast News) - Stocks are being called to start the session slightly higher on the back of better-than-expected results out of BP and HSBC.

27 Apr 21 06:59

LONDON MARKET MIDDAY: Stocks edge down while sterling rallies

LONDON MARKET MIDDAY: Stocks edge down while sterling rallies

20 Apr 21 12:28

BROKER RATINGS: UBS double downgrades Purplebricks to sell from buy

BROKER RATINGS: UBS double downgrades Purplebricks to sell from buy

19 Apr 21 09:48

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.