Earlier this year, Nikon sold the Mark Robers Motion Control Limited. Now, less than two months later, the innovative camera robotics company has entered liquidation and is in the process of shutting down.
A notice on the Mark Roberts Motion Control Ltd. website says that the company has entered liquidation as of May 22. Liquidation is the process of selling off assets to pay off debt as well as investors, and typically signals that a business is shutting down. In the UK – where the company is based – liquidation means that “the company will stop doing business and employing people.”