Clearpath Robotics

Assembly Line

Rockwell Automation signs agreement to acquire autonomous robotics leader Clearpath Robotics

📅 Date:

🔖 Topics: Acquisition

🏢 Organizations: Rockwell Automation, Clearpath Robotics, OTTO Motors

Rockwell Automation, the world’s largest company dedicated to industrial automation and digital transformation, today announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications. Combined with Rockwell’s strong continuing partnerships in fixed robotic arms, solutions such as Independent Cart Technology, and traditional leadership in programmable logic controllers (PLCs), the addition of OTTO Motors’ AMR capabilities will create a complete portfolio of advanced material handling solutions unmatched in the industry.

The acquisition will be funded by a portion of the proceeds from the sale of Rockwell’s investment in PTC.

Read more at Business Wire