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 ...

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 ...

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 ...

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 ...

Thyssenkrupp will receive first bids for its elevator division this week, three people familiar with the matter said, as major stakeholders differ over whether the conglomerate should sell a majority ...

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 ...

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 ...

Thyssenkrupp is nearing a full sale of its elevator division, three people familiar with the matter said, adding this would result in maximum proceeds that are needed as net debt has soared in the ...