Elevator research and development inside the substantially complete 246-meter-tall thyssenkrupp Elevator AG test and observation tower in Rottweil, Germany, will begin next year, though the lift ...

The company is using Microsoft Azure as the platform for Max, its sensor-powered predictive maintenance system that now reaches 120,000 elevators worldwide. It’s been a difficult summer at ...

Thyssenkrupp shares surged Friday after the German industrial giant said it would list its elevator-making business on public markets after European regulators look set to reject its planned joint ...

HANOVER, Germany (Reuters) - Thyssenkrupp (TKAG.DE) sees the connecting up of its elevators to the internet lifting its profits by millions of euros, the head of its elevator business said this week.

MAX brings elevators into the Internet of Things with highway-like traffic control. Your morning commute might just get faster. Going up? Good luck. A Columbia University study found that New York ...

Advent International, Cinven and RAG-Stiftung agreed to acquire thyssenkrupp’s elevator technology business. Germany-based thyssenkrupp will reinvest in the elevator business, a provider of elevator ...

We first heard about Thyssenkrupp’s revolutionary horizontal/vertical elevator system a couple of years ago when it was proposed as a solution for moving people around skyscrapers in a more efficient ...

As cities across the world ease Coronavirus lockdown restrictions, it is important to ensure that the elevators used by millions of people every day remain a comfortable, efficient and secure way of ...

On Thursday, February 27, Thyssenkrupp AG’s Supervisory Board announced it would sell its elevator segment to a private-equity consortium led by Advent International, Cinven, and RAG foundation for 17 ...

Looking to expand versatility in building designs, Essen, Germany-based ThyssenKrupp Elevator AG has announced Multi, a cable-less elevator system propelled by magnetic induction. Multi will allow ...

Stairs are great for a workout and a necessity during emergencies. But when you need to get up several floors fast, nothing beats an elevator. As more people flock to cities with ever-higher ...

Elevator design hasn't progressed very much during the past 160 years, and still comprises cabins which move vertically in a shaft supported by cables. This is inefficient and limiting, taking up a ...