Google Investing in Robotics Effort Led by Former Android Chief

Google Investing in Robotics Effort Led by Former Android Chief

Google Inc. has acquired seven companies for a robotics project led by Andy Rubin, former head of the Android software unit, as the world’s largest online search provider pushes beyond its roots. The effort, which includes purchases of companies in Japan and the U.S., comes after Rubin stepped down in March from Android, which he built into a leading mobile smartphone operating system. Under Rubin, Android surged ahead of Apple Inc.’s iOS software for mobile devices to command 70 percent of the operating systems on smartphones.“I am excited about Andy Rubin’s next project,” Google Chief Executive Officer Larry Page said in a post that linked to an article by the New York Times discussing Rubin’s robotics endeavor. “His last big bet, Android, started off as a crazy idea that ended up putting a supercomputer in hundreds of millions of pockets. It is still very early days for this, but I can’t wait to see the progress.”

Google, based in Mountain View, California, has expanded into new areas as it looks for ways to boost revenue and keep its edge as an innovative company to help woo top talent. The projects include computerized eyeglasses, driverless cars and broadband communications. While some of these ventures haven’t delivered much revenue, Page has underscored the importance of research in driving future trends.

“We applaud the ‘moonshot’ mentality and culture,” Benjamin Schachter, an analyst at Macquarie Securities USA Inc., said in a note to clients. “We believe that despite potential failures of particular initiatives and investments, overall, there are financial benefits for investors from these efforts.”

To contact the reporter on this story: Brian Womack in San Francisco at

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (, the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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