ROCKWELL AUTOMATION, INC acquires MagneMotion Inc.
Snapshot
ROCKWELL AUTOMATION, INC acquired MagneMotion Inc. in March 2016. MagneMotion Inc. is a Intelligent Devices business.
- Acquirer
- ROCKWELL AUTOMATION, INC
- Target
- MagneMotion Inc.
- Value
- (not disclosed)
- Date
- March 2016
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
ROCKWELL AUTOMATION, INC acquired MagneMotion Inc., a transaction completed in March 2016.
MagneMotion Inc. operates in Intelligent Devices. MagneMotion Inc. is a leading manufacturer of intelligent conveying systems. The acquisition continues Rockwell's strategy to build a portfolio of smart manufacturing technologies by expanding existing capabilities in independent cart technology.
Continues the strategy to build a portfolio of smart manufacturing technologies by expanding independent cart technology.
Intelligent Devices segment
No advisory firms have been disclosed for this transaction.