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 ...

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 ...

People laughed when ThyssenKrupp, a company synonymous with elevators, announced it was developing one that goes every which way. Who'd ever heard of such a thing? Everyone knows elevators go just two ...

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 ...

Thyssenkrupp Elevator Canada has acquired Winnipeg Elevator Group, a Winnipeg-based provider of services to elevators, stairlifts, escalators and dumbwaiters. No financial terms were disclosed.

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 ...

FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp <TKAG.DE> will receive first bids for its elevator division this week, three people familiar with the matter said, as major stakeholders differ over ...

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.

FRANKFURT/DUESSELDORF (Reuters) - Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro ($15.7 billion) elevators division even as the German conglomerate pursues plans ...

Frankfurt Stock Exchange- and London Stock Exchange-listed German multinational conglomerate Thyssenkrupp will install its TWIN elevator system at the new pearl- and shell-shaped headquarters of the ...

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 ...

FRANKFURT/DUESSELDORF, Nov 6 (Reuters) - Thyssenkrupp will receive first bids for its elevator division this week, three people familiar with the matter said, as major stakeholders differ over whether ...