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ActuatorMaterial2846 t1_j8gt5ic wrote

I'm 38, but I don't work for him, I'm a PLC electrician (Porgrammable Logic Control or automation industrial electrician), so I program robots in factories like you described, amongst other automated processes. I mean its interesting tech, but they're pretty dumb machines, mostly relying on timing and positioning parameters, I don't write the code or anything, but I do input it and install the necessary equipment. Mostly for smaller factories, but its often the same principles.

His field is in finance specifically, so not really my industry. The decision to sell was based on licensing agreements with the major accounting firms in our home country. My understanding is that they're committed to 5 years using his product, this allows him to consider that revenue in the negotiations. He is already retired, but he is still chairman currently.

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