Mergers, Alliances and Acquisitions: Mergers, Alliances and Acquisitions in Automation Industries
This story was originally a sidebar in Control Design's July Issue Indiscrete article called No More Clumsy Robots for Automation Industries.
Ametek completed its acquisition of optical equipment specialist Zygo for approximately $280 million net of cash acquired.
ISVI signed a distribution agreement with Integrys Ltd. to address the Canadian machine vision market for high-speed, high-resolution cameras. It also signed a distribution agreement with Virtech Labs Bt. to promote and sell its high-speed, high-resolution cameras to the Hungarian machine vision market.
Metrix Setpoint entered into an OEM partnership agreement with OSIsoft, producer of the PI System. Setpoint CMS software will use the PI System technology for its underlying, real-time data infrastructure.
Allied Machine & Engineering joined Okuma America’s Partners in THINC, a network of companies developing applications using Okuma's THINC intelligent numerical contol system, which combines OSPcontrol with an open-architecture, PC-based platform. Allied provides advanced engineering and manufacturing capabilities to create value-added tooling available to metal-cutting industries.
Online Development (OLDI), an original design manufacturer of industrial products for factory automation companies, announced that Softing has acquired the company and will operate it as an entity under Softing North American Holding.