Key market opportunities include integrating IoT in elevator systems to enhance efficiency and user experience, and expanding presence in Saudi Arabia's burgeoning smart city projects. These trends ...

Otis at 18–19x forward earnings: service revenue fuels margins as new equipment sales fall. Read more macro analysis here.

Kone Oyj is in advanced talks to acquire TK Elevator in what’s set to be one of Europe’s biggest takeovers this year, people familiar with the matter said.

Schindler will challenge any merger deal between rivals Kone and TK Elevator before antitrust authorities, ​the head of the ...

March 24 (Reuters) - Schindler will challenge any merger deal between rivals Kone and TK Elevator before antitrust authorities, the head of the Swiss lift maker told Reuters on Tuesday. Bloomberg News ...

Vertical transport reinvented the city. Now, engineers are looking sideways and digitally to create a new kind of interconnected urban area.

Farmington-based Otis Worldwide Corp. has acquired a majority stake in WeMaintain, an elevator maintenance technology company ...

Wolfe Research analysts on Wednesday downgraded Otis Worldwide Corp. to Peer Perform from Outperform after a ...

Elevators are an essential part of high-rise buildings. Most buildings ensure high safety standards while installing lifts; however, we keep hearing about mishaps. While on many occasions the lift ...

ClearBridge Investments, a global equity manager, recently published first-quarter 2026 commentary for its “Clearbridge ...