Toshiba Corporation (TOSHIBA) has a history of inventing and selling high-tech injection machines.
But in 2016, the company launched its latest product, the Toshiba Ion, an injection machine that can turn water into gas.
It’s one of many innovations that the Japanese electronics giant has made over the years that promise to make the injection machine industry a lot more sustainable.
The story of how Toshiba made the ion is a compelling one, but it’s not the only story.
Here are seven other examples of Toshiba investing in innovation.
The ion’s success came not from a single company or a single technology, but from a series of acquisitions that came together in a very smart way.
IBM Watson and Toshiba in the same year The first thing that made the Ion stand out was its high-end price.
The Ion was the cheapest injection machine in the world.
Its $1,000 price tag made it a steal, but at the time, no one else could compete with it.
Toshiba bought the Ion in 2016 for $4,000.
In 2016, IBM Watson announced a new way to make information more accessible, and Tosatai, the Japanese conglomerate, jumped in with an injection robot to build the first-ever full-body autonomous driving system.
IBM and Tosato’s $25 billion merger In the summer of 2020, Toshiba announced a $25-billion merger with IBM and a new subsidiary called Tosato.
IBM had spent years developing a robotic arm that would help IBM and its Watson team create more accurate, more powerful robots.
The IBM-Tosato deal gave Toshiba a major stake in IBM’s autonomous-driving effort, but Toshiba was the first Japanese company to get involved.
Tosato made a series in its own self-driving vehicles that were later used by the company’s fleet of Lexus SUVs and SUVs with self-parking capability.
Tosano’s $20 billion investment in Nest The acquisition of Nest came just months after Toshiba and IBM agreed to a $50-billion deal to buy a controlling stake in the company, and the deal was expected to make Nest a powerful competitor to Amazon.
But it didn’t go as planned.
The Nest acquisition was criticized by some industry analysts who saw it as a way for Toshiba to grab control of the entire electric car industry.
The deal also triggered a backlash against Nest, which went on to sell $1.3 billion worth of Nest products to car companies.
Tosata and IBM’s $1 billion acquisition of TCL A deal that Toshiba took over in 2016 was to buy Tosata Corporation for $1 million.
The company wanted to take over the world’s largest home appliance company and put the majority of the profits back into the company.
TCL was Toshiba Corp.’s largest competitor, and it had a huge market share.
But the deal didn’t quite go as the analysts had hoped.
Toschi, in a move to protect its market share, said it would not let the company merge with TCL, which would have created a monopoly.
Instead, it bought the majority stake in TCL.
Tosas and Nest’s $15 billion deal The Nest-TOShiba deal came just a few months after IBM and TCL announced a deal to merge their respective businesses.
Nest, a maker of high-performance vacuum cleaners, had been growing steadily for several years, and IBM wanted to tap into the vacuum cleaner market and take a bigger role in the home appliance industry.
Tosatsu, meanwhile, was expanding its appliance business, including in the kitchen, which was growing quickly, and needed a competitor.
IBM bought the company for $15 million in 2020, and a year later, Tosatsu bought Nest for $30 million.
IBM’s first foray into AI and robotics The acquisition that IBM and IBM announced in 2016 of Nest was the biggest deal in AI and robots.
It was also one of the first times that IBM took a controlling interest in a robotics company.
IBM announced the acquisition with a press release announcing a partnership with Autonomous Robotics, a robotics startup based in Pittsburgh, Pennsylvania.
Autonomous, the name of the company that IBM partnered with, had a history that dates back to the 1970s.
IBM took on Autonomous because the company had developed a computer vision system that could predict the movements of a robot.
This meant that the AI system could then predict the next move of a robotic limb or arm, and when the AI did the correct move, it would send a command to the robot.
IBM was looking to accelerate its AI research in the area of machine learning, and Autonomous was looking at robotics as a new frontier in this field.
Tosats $3.3 trillion merger Toshiba entered the injection-machining market in the mid-2000s with a partnership to make a machine that could inject water into