Showing posts with label Acquisition. Show all posts
Showing posts with label Acquisition. Show all posts

Thursday, 9 July 2026

Fluid conveyance on a global scale.

Danfoss has signed a definitive agreement to acquire Alfagomma, a global manufacturer of hoses and fittings headquartered in Vimercate (I). Alfagomma will become part of the Fluid Conveyance division, a core business within the Danfoss Power Solutions segment, creating a leading global player in fluid conveyance that strengthens the ability to serve customers globally.
LtoR: Domenico Traverso, President, Fluid Conveyance Division, Danfoss Power Solutions; Professor Andrea Angelo Aurelio Amaduzzi, Professor Enrico Cotta Ramusino and Dr. Claudio Roberto Calabi, Board of Receivers; Kim Fausing, President and CEO, Danfoss Group; Daniel Winter, President, Danfoss Power Solutions; Jesper V. Christensen; Executive Vice President and CFO, Danfoss Group. 
“The acquisition of Alfagomma is a significant milestone for Danfoss and an important strategic step in executing our long-term strategy. By bringing together these two businesses, we form a leading global player in fluid conveyance, giving us complementary capabilities, greater scale, and the global presence needed to better serve all our customers and accelerate future growth. We are excited to welcome talented colleagues from a company we have long admired for its dedicated and competent people, strong customer partnerships, and industry-leading expertise and service,” said Kim Fausing, President and CEO of Danfoss.

Founded in 1956, Alfagomma is a privately owned global manufacturer and distributor of hoses and fittings under the brand names ALFAGOMMA, Dunlop Hiflex, and Argus. The company’s products are used in mobile hydraulics, industrial applications including mining and oil & gas, marine, shipbuilding, and other industries.

Alfagomma has a strong global presence with 28 production and assembly sites, about 4,500 employees, and sales of approximately €600 million.

“Alfagomma is an excellent strategic fit for Danfoss Power Solutions. Our businesses are a perfect match, with limited overlap and significant opportunities to create value for customers around the world. By combining our technologies, manufacturing footprint, and global market presence, we will strengthen partnerships and expand our ability to support customers wherever they operate across mobile and industrial hydraulics and other industrial applications. Alfagomma comes with a great reputation and will add expertise in industrial applications such as oil & gas and mining where they truly excel. Most importantly, we are bringing together two teams with strong customer focus that share a strong passion for solving complex application challenges. We are happy to welcome the Alfagomma team to Danfoss Power Solutions,” said Daniel Winter, President, Danfoss Power Solutions.

“Alfagomma is one of the most respected names in our industry. By bringing together two businesses with complementary strengths, we are creating a leading global player in the hose and fittings industry with exceptional manufacturing, distribution, and strong application know-how. This combination strengthens our ability to support customers globally and creates a strong platform for sustainable, long-term growth,” said Domenico Traverso, President, Fluid Conveyance, Danfoss Power Solutions.

The Board of Receivers of Alfagomma said in a statement:
"This transaction represents the successful outcome of a structured process aimed at preserving business continuity and securing long-term value for Alfagomma and its stakeholders. In Danfoss, we have found the right, important industrial partner: a family-owned, leading global company that shares its values and long-term vision, with a clear commitment to strengthen the operations, support the industrial base, and ensure stability, growth, and continued investment in the people, capabilities, and operations of Alfagomma. We consider that this is the best possible outcome for the company, its employees, customers, and suppliers, and for the industrial communities in which Alfagomma operates. In our role of receivers appointed at the end of May 2025, we believe that we have fulfilled our mandate, including from a timing perspective, aimed at providing Alfagomma with a future of continuity and growth."

The acquisition is subject to necessary approvals. It is expected to be fully completed by Q4 2026. Until closing, both companies will continue to operate independently, with a strong focus on business continuity, stability, and delivering the high level of service customers expect.


@Danfoss @NapierPR #PAuto

Wednesday, 15 April 2026

Agreement for fibre-to-chip connectivity.

An agreement to acquire Teramount Ltd., the developer of detachable fibre-to-chip connectivity solutions optimized for high-volume Co-Packaged Optics (CPO) and other silicon photonics applications has been announced by Molex. Teramount’s TeraVERSE® platform, based on its universal photonic coupler and wafer-level self-aligning optics, provides a pragmatic, field-serviceable interface between optical fibre and silicon photonics chips and was recently announced as part of the Molex one-stop CPO solution at OFC 2026. TeraVERSE is an innovative, passively-aligned solution that enables faster data rates necessary to support AI adoption while consuming less energy to reduce power and cooling demands in hyperscale data centers.

“Teramount’s TeraVERSE technology fills a crucial gap in the CPO stack, offering an advantaged and strategic complement to our optical solutions portfolio. With a practical, detachable fibre-to-chip interface we are afforded a foundational element to realize mainstream CPO adoption,” said Aldo Lopez, president, Datacom Solutions, Molex. “Combining Teramount’s IP and engineering talent with Molex’s innovative portfolio, manufacturing scale, supply-chain expertise and systems know-how gives customers an integrated, high-volume path to deploy scalable CPO.”

Their passive, detachable coupling approach supports large assembly tolerances and semiconductor-grade wafer-level processes. Compared with active alignment methods, passive alignment is materially more scalable as CPO moves toward volume production. Molex will combine Teramount’s IP and engineering expertise with its optical capability and global manufacturing scale to deliver industry-leading performance specifications and accelerate production of TeraVERSE.

“Harnessing Molex’s global scale and system-level expertise with Teramount’s innovation expertise and detachable, wafer-level coupling technology creates a real pathway for scalable, high-density CPO,” said Hesham Taha, CEO and co-founder of Teramount. “Joining forces with Molex will enable us to accelerate delivery of a manufacturable, serviceable fibre-to-chip interface that meets the pressing needs of AI and hyperscale data centers.”

The addition of TeraVERSE to Molex’s comprehensive optical interconnect portfolio provides customers with greater support across their CPO and silicon photonics architectures. As a leader in high-speed communications interconnects, Molex is uniquely positioned to deliver industry-leading copper and optical solutions.

Teramount will remain a design and engineering center in Jerusalem (IL) supported by Molex’s global optical capabilities. The acquisition is expected to close in the first half of 2026, subject to regulatory approvals and other customary closing conditions. 


@MolexConnectors  @TeramountLTD @NapierPR #PAuto

Wednesday, 1 April 2026

Portfolio of high-reliability connectivity solutions expanded.

Acquisition assures more localised design and engineering support across North America, Europe and Asia

The acquisition of Smiths Interconnect, a subsidiary of British-based Smiths Group plc, has been completed by Molex. This marks "a major milestone in Molex’s vision to enable technology that is transforming the future and improving people’s lives." Smiths Interconnect brings a diverse portfolio of complementary products and advantaged capabilities in ruggedised custom connectors, contacts, RF components and optical transceivers for harsh environments. Smiths Interconnect also brings leading semiconductor test capabilities that complement Molex’s data communications and data center solutions to support growth in AI, along with a strong medical interconnect capability to support Medtech customers.

“We are excited to finalise the Smiths Interconnect acquisition, which expands our portfolio and engineering expertise worldwide,” said Joe Nelligan, CEO, Molex. “Along with their products and technology, we are excited about the Smiths Interconnect’s global team and the strong customer relationships that they have established.”

As the largest acquisition in Molex’s history, the addition of Smiths Interconnect positions Molex to drive innovation across the high-reliability interconnect market—encompassing aerospace and defense, space exploration, industrial, medical and semiconductor test industries. The combination of Smiths Interconnect’s capabilities with Molex’s global footprint, engineering strength, culture and financial strength enables Molex to deliver increased value to customers around the world.

“This acquisition reinforces Molex’s position as a leader across every sector where high reliability is critical,” said Michael Cole, SVP and president, Aerospace and Defense Solutions Division, Molex. “By unifying these high-reliability solutions under the Molex banner, we provide a borderless platform that enables engineers to leverage ruggedised, precision-engineered connectivity.”

The Smiths Interconnect acquisition expands Molex’s global footprint to over 90 plants across 22 countries, and its global headcount to over 55,000 employees. The integration creates strong design and technical alignment to enhance innovation and solution capabilities to provide more value to customers.

This news builds upon the November 2024 acquisition of AirBorn by Molex, a foundational milestone in serving customers in the aerospace and allied sectors.

“The integration of Smiths Interconnect into the Molex engineering ecosystem is a significant win for the global design engineering community,” said Lew LaFornara, SVP, Global Interconnect Business Strategy, TTI. “As a prominent Smiths Interconnect distributor, we are excited to continue offering our customers access to a robust line of mission-critical solutions—spanning aerospace and defense, medical, industrial and semiconductor test—all backed by Molex’s world-class logistics and technical support."


@MolexConnectors  @smithsinterconn @NapierPR #PAuto 

Thursday, 29 January 2026

Vendor‑agnostic OT/IoT cybersecurity solutions.

Nozomi Networks has confirmed that Mitsubishi Electric Corporation has completed its acquisition of the company. Originally announced last September, the transaction marks the start of a new phase of growth for Nozomi Networks while preserving the company’s independent operations, vendor‑neutral technology roadmap, and established go‑to‑market partnerships. As a wholly owned subsidiary, Nozomi Networks will continue to support the full OT/ICS ecosystem with the same open, multi‑vendor approach that has made it a trusted partner to critical infrastructure operators worldwide.

This milestone follows a year of exceptional momentum for Nozomi Networks. The company recently surpassed $100M in annual revenue and now serves many of the world’s largest enterprises, including 5 of the top 10 oil and gas companies, 7 of the top 10 pharmaceutical manufacturers, 7 of the top 10 utilities and 4 of the top 10 mining operations. Nozomi Networks is also the first privately held OT cybersecurity company to achieve sustained cash flow and break‑even performance - further underscoring the strength of its model, the durability of its platform, and the confidence organizations place in its independent, vendor‑agnostic approach.

Other notable milestones the company achieved in 2025 include:

  • Significant new and expanded partnerships with global technology leaders including Schneider Electric, Hitachi Cyber, Nvidia, Dispel, and Xona
  • 24% employee headcount growth
  • Among the fastest growing companies in North America on the 2025 Deloitte Technology Fast 500™
  • Named to Fast Company’s World’s Most Innovative Companies 2025 list
  • Named a Leader in the Gartner Magic Quadrant for CPS Protection Platforms and is a Leader in the Forrester Wave for IoT Security, as well as the only recognized Customers' Choice in Gartner's Voice of the Customer for CPS Protection platforms
  • Recognized by Gartner as “The Company to Beat for AI in CPS Protection Platforms”

Edgard Capdevielle
“Mitsubishi Electric acquired Nozomi Networks for the same reasons our customers trust us every day,” said Nozomi Networks CEO Edgard Capdevielle. “We have a proven track record of innovation and industry leadership and a unique vendor-agnostic approach that is a critical ingredient to our success. We will continue to advance the highest levels of quality and excellence in our platform and relationships that we always have moving forward as an independent subsidiary of Mitsubishi Electric, and we’re excited about the opportunities this brings.”

This success is underpinned by its market-leading platform, the most complete of any offering on the market. Nozomi Networks platform delivers comprehensive asset visibility, defends all attack surfaces, and helps enterprises evolve to a risk-based cybersecurity management posture. Most notably, Nozomi Networks has embedded AI since its inception, consistently pushing the boundaries of how this technology can transform OT/IoT cybersecurity. It made several enhancements to its platform in 2025, including the release of its latest version of Arc, the industry’s first cybersecurity solution to safely automate threat response in operational environments, and Vantage IQ, the world’s first private, company-trained AI assistant for OT/IoT security teams.

Andrea Carcano
“This acquisition brings us into a new era of innovation. It positions us to better serve our customers globally and meet the needs of an early majority market and the challenges of a rapidly evolving OT/IoT cybersecurity landscape,” said Nozomi Networks Co-founder and Chief Product Officer Andrea Carcano. “Nozomi is solidly positioned to extend its stature as the leader in OT/IoT cybersecurity. There is much more ahead for us, with game changing new innovations coming in 2026. We look forward to working with our customers and partners to deliver the best possible solution.”

As an independent subsidiary, Nozomi Networks remains committed to serving all its customers and partners, and maintains its brand, leadership, teams, and operations. Nozomi’s teams, offices, and points of contact remain unchanged, ensuring a seamless experience for all its stakeholders.


@NozomiNetwork @ME_Europe @MEIrishbranch @MitsubishiElect @meuk_les #PAuto #Cybersecurity

Friday, 21 November 2025

Industrial communications business acquired.

Molex is a global electronics leader committed to transforming technology innovation with interconnect solutions for a wide range of industries. “Molex is delighted to transition our industrial communications business to HMS, a true market leader in the category,” said Dave Atkinson, Vice President and General Manager of Molex Industrial Solutions.

From left: Martin Hoffert, Director Corporate Strategy and M&A, HMS, Matthijs Von Witte, VP Sales, Molex Industrial, Bartek S. Candell, SVP, HMS Industrial Network Solutions Division, Dave Atkinson, VP and General Manager, Molex Industrial

The acquisition consists of several strategic assets including:

  • Hardware and software intellectual property
  • A product portfolio consisting of network interface cards and software stacks
  • Customer relations, primarily in USA and Japan
  • Development teams based in Waterloo, Canada, and Le Thuit Anger, France
  • The French company Woodhead Software & Electronics S.A.S.U. 

 “After some time of discussion, Molex and HMS concluded that the industrial communication business of Molex aligns closely with the vision of the INT division within HMS. We identified several synergies with Molex network interface cards, and their leading industry offer on network controller/scanners, which complement our INT product portfolio and create several cross-selling opportunities.
“At the same time Molex can focus fully on their core business, confident that their Industrial Communication customers will be in good hands with HMS. This is a perfect addition to the HMS portfolio and a win-win deal for both parties,”
according to Bartek Candell, Senior Vice President of HMS Networks.

“We are confident that our talented team members will bring highly complementary engineering expertise and innovation capabilities to support our collective customers.” 

The primary rationale for the acquisition is to obtain strategic intellectual property and know-how from the experienced engineering teams. This acquisition supports division INT’s strategy by strengthening its software and hardware offerings through complementary IP blocks. It also expands HMS’s customer base in North America, a key strategic market and an essential initiative of the 2030 strategy for the INT division.


@hmsnetworks @MolexConnectors @HMSAnybus @mepaxIntPR #PAuto #Communications

Friday, 17 October 2025

Robotics division to be sold.

Divestment for an enterprise reflects long-term strengths of the robotics business 

ABB has signed an agreement to divest its Robotics division to the SoftBank Group for an enterprise value of $5.375 billion (€4.606 billion) and not pursue its earlier intention to spin-off the business as a separately listed company. The transaction is subject to regulatory approvals and further customary closing conditions and is expected to close in mid-to-late 2026.

Peter Voser, Chairman of ABB, said: “SoftBank’s offer has been carefully evaluated by the Board and Executive Committee and compared with our original intention for a spin-off. It reflects the long-term strengths of the division, and the divestment will create immediate value to ABB shareholders. ABB will use the proceeds from the transaction in line with its well-established capital allocation principles. Our ambitions for ABB are unchanged and we will continue to focus on our long-term strategy, building on our leading positions in electrification and automation.”

ABB CEO Morten Wierod added: “SoftBank will be an excellent new home for the business and its employees. ABB and SoftBank share the same perspective that the world is entering a new era of AI-based robotics and believe that the division and SoftBank’s robotics offering can best shape this era together. ABB Robotics will benefit from the combination of its leading technology and deep industry expertise with SoftBank’s state-of-the-art capabilities in AI, robotics and next-generation computing. This will allow the business to strengthen and expand its position as a technology leader in its field.”

Masayoshi Son, Chairman & CEO of SoftBank Group Corp. said: “SoftBank’s next frontier is Physical AI. Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super Intelligence and robotics —driving a groundbreaking evolution that will propel humanity forward.”

As a result of the signing of the agreement ABB will adjust its reporting structure and move to three business areas. As of the fourth quarter 2025, the Robotics division will be reported as Discontinued operations. At the same time, the Machine Automation division, which together with ABB Robotics currently forms the Robotics & Discrete Automation business area, will become a part of the Process Automation business area.

The ABB Robotics division has a workforce of approximately 7,000. With 2024 revenues of $2.3 billion (€1.97 billion) it represented about 7 percent of ABB Group revenues.


@ABBRobotics @SoftBank_Group @ABBgroupnews @abb_automation #PAuto #Robotics

Mission-critical connectivity provider acquired.

Customers and partners to benefit from combined engineering expertise, expanded technology portfolio and enhanced global footprint

An agreement has been signed by Molex to acquire Smiths Interconnect, a leading provider of high-reliability connectivity products and solutions serving the aerospace, medical and semiconductor test and industrial markets. Smiths will receive cash consideration for the transaction, subject to customary adjustments for working capital, cash and debt.

“Molex is excited to reinforce our commitment to the aerospace and defense market with the acquisition of Smiths Interconnect,” said Joe Nelligan, CEO, Molex. “Smiths Interconnect has a highly complementary portfolio of advantaged solutions that strongly enhances the platform established by our acquisition of AirBorn last November. The combination of Molex’s global scale, capabilities and financial stability with Smiths Interconnect’s complementary technologies, products, customers and footprint will enable us to expand our aerospace and defense business and support customers in new and innovative ways.”

Smiths Interconnect designs and manufactures technically differentiated electronic components, along with microwave, optical and radio frequency products and subsystems that connect, protect and control critical applications. Smiths Interconnect has 21 sales, R&D and manufacturing locations across 12 countries, including the United States, Canada, Mexico, Costa Rica, France, Germany, Italy, the United Kingdom, Tunisia, India, China and Singapore.

The acquisition is expected to close in the first half of 2026, subject to regulatory approvals and other customary closing conditions. More information will be shared at that time. Jones Day is acting as Molex’s legal advisor and Rothschild & Co is serving as Molex’s exclusive financial advisor.


@MolexConnectors @smithsinterconn @NapierPR #Pauto #Communications

Thursday, 7 August 2025

Software service provider now fully owned.

Endress+Hauser is now the sole owner of the software company CodeWrights GmbH, based in Karlsruhe (D). The remaining 33 percent of the shares were acquired from Pepperl+Fuchs with effect from 1 July 2025.  Endress+Hauser held two-thirds of the shares since 2002, while Pepperl+Fuchs owned the remaining third.

CodeWrights was founded in 2002 as a joint venture between Endress+Hauser and Pepperl+Fuchs and employs nearly 50 people. As a service provider, the company develops customised software solutions for providers of measurement and automation technology, for example apps and cloud applications, software for industrial automation and embedded software for devices. This has contributed to CodeWrights’ profitable growth and its reputation as a trusted software partner.

“We are excited to assume full ownership of CodeWrights. At the same time, we would like to thank Pepperl+Fuchs for more than 20 years of constructive partnership,” says Dr Rolf Birkhofer, managing director of Endress+Hauser Digital Solutions, the Group’s product center for the Industrial Internet of Things (IIoT). “We believe strongly in the expertise of the team and the strength of the business model. Together, we look forward to driving further growth and success.”

“We look back on decades of successful collaboration built on mutual trust and respect, for which we would like to express our genuine appreciation. We are confident that, with Endress+Hauser as the sole owner, CodeWrights is ideally positioned to drive its strategic development and realise its full potential,” says Lutz Liebers, COO for Process Automation at Pepperl+Fuchs.

“By transferring the shares, we are creating a clearer ownership structure and strengthening our company’s strategic ability to act. This decision enables faster coordination and provides new impetus for our shared growth,” adds Thomas Debes, managing Director CodeWrights GmbH. He emphasises that the acquisition will have no impact on the service provider’s day-to-day operations. “CodeWrights will continue to serve all customers with the same commitment and maintain its established service portfolio. Employees at both CodeWrights and Endress+Hauser can expect continuity in their work and collaboration.”


@Endress_Hauser @Endress_IN @Endress_UK @Endress_US  #Codewrights #PAuto

Tuesday, 3 June 2025

Acquisition expands Methane emissions monitoring.

Sensirion Connected Solutions has announced the acquisition of Kuva Systems, a Cambridge (MA USA)-based innovator in image-based methane emissions monitoring. The company will be integrated into Sensirion Connected Solutions, strengthening its position as a full-spectrum provider for continuous methane emissions monitoring in oil and gas applications.

Kuva Systems brings to Sensirion a sophisticated industrial IoT product tailored for upstream and midstream oil and gas operations. Its technology includes a proprietary, low-cost infrared optical camera that delivers minute-by-minute visualization and quantification of methane emissions. This capability allows operators to pinpoint leak sources without false positive alarms and to cost-effectively conduct remote root-cause analysis of emission problems. The Kuva solution enables operators to implement automated workflows for root-cause analysis that minimize emissions as well as meet regulatory and ESG goals.

The integration of Kuva Systems into Sensirion Connected Solutions reflects a strong strategic fit, aligned with the Group’s long-term vision to expand its industrial IoT capabilities in emissions monitoring. From a financial perspective, the transaction is not significant and will not have a material impact on the Group’s liquidity or financial guidance in terms of stock exchange reporting obligations.

With this acquisition Sensirion Connected Solutions now becomes a one-stop shop for continuous methane emissions monitoring—empowering oil and gas operators with a fully integrated, scalable suite of solutions tailored to the complexity of their sites.

From fence line monitoring with Nubo Sphere, to close-proximity sensing with Nubo Sentry, and now to image-based root-cause analysis using Kuva’s low-cost optical gas imaging solution, operators can select the right technology—or a combination—to match their specific needs. Whether addressing site-level emissions quantification, priority area monitoring or pinpointing individual leaks for simplified remote root-cause analysis, all solutions provide actionable insights through highly reliable, yet cost-efficient continuous monitoring solutions.

This comprehensive offering is built for flexibility, designed for scale and backed by Sensirion’s trusted expertise—enabling the oil and gas industry to seamlessly enhance operational performance, achieve ESG goals and meet regulatory requirements across the entire oil and gas value chain.

“The integration of Kuva Systems into Sensirion Connected Solutions is a major milestone in our strategy to deliver a full range of end-to-end solutions for continuous methane emissions monitoring,” said Felix Hoehne, General Manager of Sensirion Connected Solutions. “By offering innovative, sensor-based solutions, and now advanced optical imaging, we’re enabling oil and gas operators to maximize performance and coverage by choosing the right solution for their site complexity and monitoring needs—all from one, globally operating, trusted partner.”

Kuva Systems was founded with a mission to transform how methane leaks are detected, quantified, analysed and mitigated in the oil and gas industry. The company’s platform supports operators in meeting ESG commitments, mitigating safety risks and maintaining regulatory compliance in a cost-effective way.

“We’re excited to join the Sensirion Group to accelerate our mission with the backing of a global sensing technology leader,” said Stefan Bokaemper, CEO of Kuva Systems. “This move enables us to scale our solution and reach more operators who are looking for cost-effective operational workflows to tackle their emissions challenges.”


@sensirion #PAuto #Environment  #USA

Tuesday, 6 May 2025

Acquisition strengthens fibre capability.

Photona Group, the parent company to Laser Components, is expanding its expertise in the field of fibre technology by acquiring 100% of the shares in the Bavarian (D) fibre technology manufacturer FOC&T GmbH. The know-how and portfolio of both companies complement each other perfectly: While Laser Components has so far been focusing primarily on the industrial and aerospace sectors, FOC&T focuses on assembled cables for medical technology and has unique mechanical know-how in connector manufacturing. All jobs at FOC&T in Burghausen (D) will be retained.

Dr. Florian Blobner, Patrick Paul, Anton Pautz, Dr. Lars Mechold

Dr. Lars Mechold, authorized signatory and Technical Director at Laser Components Germany, is taking over the position of Managing Director from company founder and former Executive Director Anton Pautz. He will continue to be available to the company as a consultant in his retirement. "We are looking forward to a close collaboration with Mr. Pautz,"says Dr. Mechold. "He has shaped the company for more than 20 years and we are pleased that his expertise and knowledge of technical processes will continue to be available to us. This will ensure a smooth transition."

"By acquiring FOC&T, we are expanding our position in the market for fibre optic components," says Dr. Florian Blobner, Chief Product Officer at the Photona Group. "Both companies complement each other perfectly and these synergies will help us to open up new markets. We are delighted to welcome the new employees to the Photona Group and are sure that they will feel at home with us."


@LaserComponents #PAuto #Europe

Wednesday, 30 April 2025

Company acquisition responds to building global sustainable demands.

Advancing technologies essential for achieving a carbon-neutral future.

The Board of Directors of Anritsu Corporation has approved the acquisition of 100% of shares in DEWETRON GmbH, a leading Austrian provider of power measurement and data collection instruments based in Grambach, (A) in April 2025. The share transfer agreement was signed with TKH Group N.V., a shareholder then. Completion of the transaction remains subject to standard regulatory approvals and general closing conditions.

DEWETRON specialises in high-speed power measurement and data-collection instruments that analyze various physical quantities. The company delivers comprehensive solutions combining sophisticated test instruments with tailored software to meet customer requirements across multiple sectors, including automotive, aerospace, renewable energy, and industrial applications. 

This acquisition responds to accelerating worldwide efforts toward building a sustainable society, particularly in electric and plug-in hybrid vehicle development, solar and wind renewable power, and infrastructure power optimization. These rapidly growing sectors require systems that simultaneously measure physical quantities and control data, alongside high-precision test instruments capable of evaluating even the smallest power losses with high accuracy.

This acquisition directly supports Anritsu's GLP2026 medium-term management plan, which identifies electric vehicles and battery technology as key development focus areas. Welcoming DEWETRON into the Anritsu Group will create significant synergies with high-capacity power supplies and charge/discharge test equipment developed by Anritsu's subsidiary TAKASAGO, LTD., as well as with Anritsu's existing test solutions.

The combined expertise will strengthen Anritsu's contribution to advancing technologies essential for achieving a carbon-neutral future.


@Anritsu @AnritsuEMEA @DEWETRON @microwavevision @NapierPR #TandM  #Power

Saturday, 5 April 2025

Name change mantains strength in evolution.

Continuing leadershipo in SCADA automation, digitalisation, and smart, sustainable buildings with expanded resources and global reach.

ICONICS has changesd it name to Mitsubishi Electric Iconics Digital Solutions (MEIDS). This milestone marks a bold step forward in the company’s integration into the Mitsubishi Electric Corporation family and helps showcase its continued evolution into a global leader in digital solutions and digital transformation.

Mitsubishi Electric has supported ICONICS’ growth for over a decade, culminating in a full acquisition in 2019 and continued collaboration as part of the Mitsubishi Electric Group. This name change is a recognition of our technological excellence, customer commitment, and position as Mitsubishi Electric’s global SCADA automation and digitalisation platform.

What's in a name.
"Our new name reflects both where we came from and where we’re going. Each part of “Mitsubishi Electric Iconics Digital Solutions” represents our identity, our evolution, our values, and the future we’re building."

The name unites the global strength of Mitsubishi Electric—a trusted leader in industrial and digital innovation; the legacy of ICONICS as a pioneer in SCADA automation and digitalisation software; and a growing portfolio of digital solutions for industrial operations, infrastructure, and smart, sustainable buildings. These elements combine to deliver the software, services, and next-generation technologies that drive performance and long-term impact.

This powerful foundation enables MEIDS to set the gold standard in SCADA automation and digitalisation—reinforcing our commitment to innovation, efficiency, and customer success by empowering industries worldwide. 

"While our name has changed, our mission and entrepreneurial spirit remain steadfast—delivering groundbreaking SCADA automation, smart buildings software, and digitalization solutions with exceptional customer service. Our pipeline is stronger than ever, with major innovations across our core product families, in particular GENESIS (also referred to as GENESIS version 11). By retaining “Iconics,” we honor our rich legacy of innovation, while “Digital Solutions” reflects our expansion into advanced services, intelligent technologies, and the future of industrial digitalisation."

Strong heritage stronge future.
Ted Hill, President & CEO of Mitsubishi Electric Iconics Digital Solutions, emphasises the significance of this transition, “This is more than a name change—it’s a declaration of who we are and where we’re headed. With the backing of Mitsubishi Electric and the agility of ICONICS, we are uniquely positioned to drive the future of industrial automation and smart, sustainable infrastructure. Our customers can expect the same cutting-edge solutions and world-class support, now with even greater resources and opportunities.”

Innovation with Global Strength.
Mitsubishi Electric Iconics Digital Solutions brings  together the innovation and agility of a tech pioneer with the strength and scale of a 100-year-old global leader. Customers benefit from deep integration within Mitsubishi Electric’s ecosystem—spanning industrial automation and digitalisation, intelligent infrastructure, and smart building and energy management solutions. 

This transformation cements Mitsubishi Electric’s global platform for SCADA industrial automation, digitalisation, and smart building and workplace solutions—reaffirming their commitment to customers, partners, and employees. Aligned with this vision, MEIDS recently launched the flagship GENESIS platform and continues to release quarterly updates to  Intelligent Building Software Stack (IBSS). 

"This is more than a new name—it’s the next chapter of innovation, integration, and industry leadership."


* See also: Acquisition strengthens software portfolio. (20/5/2019) 


@ICONICS @ME_Europe @mepaxIntPR #PAuto 

Wednesday, 12 March 2025

Acquisition bolsters presence within EMEA.

Control Station has announced the successful acquisition and integration of its Roscrea (IRL) based joint venture and distribution partner. Originally formed in 2016 to support the needs of multi-national process manufacturers, Control Station Limited strengthened the company’s market positioning both in the EMEA region and globally. Through this acquisition Control Station significantly expands its international reach with the addition of expert sales and engineering services staff.

Reformed under the name Control Station Technologies Limited, the new entity operates as a wholly owned subsidiary of Control Station Inc. It remains strategically located in Ireland and within the European Union’s rapidly growing market for industrial process automation solutions. According to Mordor Intelligence, the European industrial process automation market will exceed $31 billion by 2030 with the Middle East and Africa regions raising that projection to nearly $40 billion.

“Since 2016 Control Station has achieved significant growth among its international customer base particularly among multi-national manufacturers with operations in the EMEA region,” commented Damien Munroe, former joint venture principle and new Vice President of Partner Development. “This acquisition more closely aligns our resources and enhances our ability to deliver value-added process optimisation solutions.”

Control Station has long led the market for process modeling and PID controller tuning products with its award-winning portfolio of LOOP-PRO™ branded tools. In recent years, the company has taken on the mantle of leadership within plant- and enterprise-wide control loop performance monitoring (CLPM) and process analytics. PlantESP™ Loop Performance Monitoring is widely recognized as a highly intuitive and uniquely powerful CLPM solution, having been successfully deployed at production facilities operated by Top 10 Manufacturers within each of the Basic Materials, Chemicals, Food & Beverage, Pharmaceutical, and Pulp & Paper industries.

“Since its founding, Control Station has supported the needs of the global process automation market from our US base of operations,” shared Dennis Nash, President of Control Station Inc. “Today’s announcement sets the foundation for our future by bringing us closer to the process manufacturing community and positioning us to generate better outcomes for our customers.”

In addition to its portfolio of software products, Control Station offers a wide range of process optimization and educational services. With the recent introduction of System Health Monitoring (SHM), the company now provides a tiered service offering that leverages intelligence captured by PlantESP. The SHM service captures and reports critical system and controller performance data from participating PlantESP installations. The service facilitates rapid response to system resource issues and guidance for both achieving and maintaining world-class control.

Through the acquisition, Control Station significantly expands the team of sales and engineering resources under its direct control. Additions to the sales force include multiple seasoned professionals who are now focused more specifically on growing accounts within the EMEA region. Similarly, the expansion of Control Station’s engineering services team is expected to enhance the company’s ability to support a growing base of international and multinational customers. Control Station has successfully licensed its solutions to half of the manufacturers listed among the Fortune 500, and the company currently supports facilities located in over 70 countries.


@Control_Station #PAuto #EMEA #Ireland

Thursday, 6 March 2025

Acquisition bolsters machine vision capability.

The Headwall® Group (“Headwall”) has acquired EVK DI Kerschhaggl GmbH (“EVK”), an Austria-based technology company specializing in industrial sensor-based sorting and inspection systems. This strategic acquisition marks a significant step forward in Headwall Group’s mission to enhance its portfolio and bolster its presence in the industrial machine vision market.

Mark Willingham, CEO of Headwall (left),
and Matjaz Novak, CEO of EVK
 
The integration of EVK into the Headwall Group is a natural extension of Headwall Group’s strategy to diversify its product offerings and deepen its capabilities in delivering comprehensive, high-value imaging solutions. EVK’s innovative hyperspectral and inductive sensor technologies as well as data analysis expertise align seamlessly with Headwall Group’s existing products and commitment to advancing hyperspectral imaging applications and AI-driven interpretation software in machine vision and remote sensing markets.

“We are thrilled to welcome EVK into the Headwall family,” said Mark Willingham, CEO of Headwall Group. “Their proven track record in sensor-based solutions and industrial inspection complements our vision of providing integrated, next-generation hyperspectral technologies at the speed and scale needed by the industry. This partnership will drive further innovation and accelerate our ability to meet the increasing demand for more advanced, application-focused imaging solutions.”

Matjaz Novak, CEO of EVK, stated, “Joining forces with Headwall presents a tremendous opportunity to combine our expertise and technologies. Together, we can offer our customers enhanced solutions and expand our reach in the industrial imaging market. We look forward to a collaborative future that leverages the strengths of both organisations.”

EVK’s cutting-edge technology, which spans a range of industries including food processing, plastics recycling, and material sorting, will empower Headwall Group to broaden its market reach and foster new growth opportunities in both machine vision and remote sensing applications.


@headwall @__EVK__ #PAuto #Photonics

Friday, 4 October 2024

Acquisition strengthens ICT offering.

HMS Networks AB has entered into a binding agreement with DOGAWIST-Investment GmbH to acquire 100% of the shares in PEAK-System Technik GmbH (“PEAK-System”), a well-established German provider of industrial communication solutions and experts within automotive communication technologies such as CAN and LIN.

PEAK-System 
PEAK-System is a well-established German industrial communication com-pany offering both hardware and software for industrial and automotive com-munication. Through the development and manufacturing of innovative and scalable products with emphasis on network technologies used in the vehicle industry, the com-pany has been serving customers all over the world since the start in 1999.
PEAK-System’s headquarters, with product manufacturing and development, is located in Darmstadt, (D). There is also a French subsidiary with an office in Maxéville, close to Nancy, France. PEAK-System employs in total about 50 people.
The sales are well distributed over the key industrial com-munication markets with approximately 50% of sales in Europe, 25% in Asia, and 25% in the US.
Strategic rationale.
 The acquisition will strengthen HMS’ position within communication solutions for advanced engineering tools, testing and control within automotive, medical and transportation. HMS sees several synergies between HMS’ Business Unit Ixxat and PEAK-System as there are a lot of common expertise within automotive communication technologies such as CAN, CAN FD, LIN, Flexray and Automotive Ethernet, but aimed at different applications and target groups. Hence there is very good opportunities for cross-selling, both when it comes to product development and utilizing the sales channels of both companies.

The acquisition is to strengthen HMS’ global presence within automotive communication, especially in the German market.

“PEAK-System’s extensive product portfolio and expertise expand our existing product offering in communication solutions for advanced engineering tools, testing and control in applications within automotive, medical and transportation. We also see excellent cross-selling opportunities, both geographically and technically. Our Ixxat brand and PEAK-System already offer unique sets of software and hardware tools and together, they will provide our customers with more options to solve their communications challenges. This is an exciting step for HMS and our Ixxat brand and the entire HMS team are happy to welcome our new colleagues at PEAK-System to HMS,” says Staffan Dahlström, CEO of HMS Networks.

LtoR: Alexander Gach, Managing Director PEAK-System Technik, Ines Dohmann, Managing Director PEAK Group, Staffan Dahlström, CEO of HMS Networks and Uwe Wilhelm, Managing Director PEAK Group and PEAK-System Technik

@hmsnetworks @HMSAnybus @mepaxIntPR #Pauto #Automotive

Monday, 10 June 2024

Aquisition to drive intelligent device management innovation and standardisation.

The FieldComm Group has completed the acquisition of FDT Group's assets including the FDT/DTM technology standards*. This significant transaction underscores FieldComm Group's dedication to addressing industrial device management challenges across the entire industrial automation market, ultimately enhancing operational efficiency for vendors and end users.

With a comprehensive suite of technologies including Information Models, the Field Device Integration (FDI) standard, and well-established communication protocols like HART, HART-IP, WirelessHART, and Foundation Fieldbus, FieldComm Group's market offerings serve the entire process automation sector. The addition of FDT/DTM technology, a widely deployed device integration standard across process and factory automation markets, adds new technologies to the portfolio, completely addressing the industrial automation hierarchy.

“As digitalization transforms the automation industry by breaking down barriers between operation technology and information technology, the integration of factory and process automation devices becomes both more important and more difficult. Our aim as a standards organization is to add intelligence to the device integration process, with an ultimate goal of making it simpler,” stated Ted Masters, President and CEO of FIeldComm Group. “Ends users and suppliers will benefit greatly from this acquisition by having a single standards development organization responsible for the full spectrum of device integration from the simplest sensor to the most complex field instrument.”

Millions of already installed devices in the field use both FDI and FDT technology for intelligent device management. Leveraging combined resources and expertise, FieldComm Group is now better-positioned to address the industry's evolving needs, improve interoperability, and streamline integration and lifecycle management procedures for the future.

As part of the acquisition, FieldComm Group announces the formation of a Strategic Integration Committee (SIC), under the leadership of industry expert Steve Biegacki, former Managing Director of the FDT Group. The SIC will drive advancement of integration standards, including FDT/DTM and FDI, ensuring proactive management and maintenance of these technologies. The committee will initially be composed of FieldComm Group Board-level company representatives, with planned expansion to include representatives from other Standards Development Organizations (SDOs). The SIC aims to collaboratively work to preserve the existing installed base and chart a standardization roadmap for a unified device management platform, ensuring interoperability across existing protocols as well as future technology evolution, including OPC UA FX.

Our focus is on unified device configuration and a migration path to the future," said Steve Biegacki. "At FieldComm Group, we are committed to seamless integration and enhanced operational efficiency for the entire automation industry."

"We are thrilled to welcome FDT/DTM technology into the FieldComm family," continued Ted Masters, "This acquisition marks a significant leap towards a unified integration standard for the industry. With Steve Biegacki leading the SIC, we are ready to steer the industry towards a more integrated and efficient future."


* See also Significant co-operation announcement by standards-based entities. (23/4/2024)

@FieldCommGroup @FDTGroup #PAuto #Standards

Wednesday, 14 February 2024

Key measuring tube supplier to be acquired.

Endress+Hauser has announced plans to take over Swiss Angenstein ESTECH AG, including the company’s production site in Cernay (F), ESTECH Industries Angenstein SA. Representatives of both companies have signed a memorandum of understanding. All workplaces at the metal processing company are to be retained.
 
Angenstein ESTECH AG with its French branch has been a key supplier of measuring tubes for Endress+Hauser flowmeters for more than 25 years. The Cernay site and its roughly 50 employees are already incorporated into Endress+Hauser’s operation. “The acquisition of Angenstein ESTECH AG will allow us to retain the employees’ knowledge and integrate important work stages even deeper into our production processes,” said Christophe Stoos, managing director of the Endress+Hauser Flow France plant in Cernay.

The owner families Wiese and Helfenstein view the sale of Angenstein ESTECH AG as an ideal succession arrangement for their company. “Our focus was on preserving jobs and securing the future of the company. We believe the acquisition by Endress+Hauser represents the best possible solution,” said Martin Helfenstein, chairman of the board of directors of the Swiss-based company. 

Both sides wish to draw up and sign a purchase agreement by the end of September. The business transfer is to take effect on 1 January 2025. The main operation in Aesch, Switzerland, which also supplies Endress+Hauser Flow in Reinach (CH), will not be affected by the acquisition and will remain part of the ESTECH Group under the name ESTECH Industries Angenstein AG. 

Endress+Hauser has been producing flow measurement technology in Cernay (F) for more than 30 years. The site, which has been repeatedly expanded over the years, employs more than 500 people and primarily supplies the European market with electromagnetic, ultrasonic and vortex flowmeters. By 2026, the French sales center, which is currently based in Huningue, will also move into a new building on the company campus in Cernay. 

@EstechIndustrie @Endress_Hauser @Endress_US  @Endress_UK #PAuto #Automation

Monday, 5 February 2024

Expansion of process safety in Scandinavia.

Digital solutions for renewable energies.

The HIMA Group has acquired the Norwegian technology company Origo Solutions.  Both companies intend to continue their growth strategies and expand their range of solutions for the process industry and renewable energies. Main focus here is the digitalisation of functional safety, which HIMA is pushing under the motto "Safety goes digital". The agreement was signed on 8 January and is effective as of 31 January.

"The acquisition of Origo Solutions is an important step in HIMA’s global expansion and also opens up new business opportunities for both Origo Solutions and HIMA”, said Steffen Philipp, Shareholder HIMA Group.

LtoR: Jan Erik Rugland (Executive VP, Moreld Group), Jörg de la Motte (CEO HIMA Group), Steffen Philipp (Shareholder HIMA Group), Dr. Michael Löbig (CFO HIMA Group), Tor Christian Bringedal (Partner Converto, Aker rep) 

Origo Solutions was previously owned by Moreld AS (60,1 %) and Aker Capital AS (39,9 %) and a part of the Moreld Group, a leading industrial multi-disciplinary engineering group offering services across offshore energy and marine industries. “Origo Solutions has developed strongly over many years in collaboration with its customers and business partners. Moreld is pleased that Origo Solutions’ development will now continue as part of HIMA, building on the existing strong partnership over many years. "

“We are confident that this combination will benefit both customers and employees”, said Jan Erik Rugland, Executive Vice President Moreld Group and outgoing chairman of Origo Solutions. Origo Solutions is recognised as a market leader in safety, automation and instrumented systems for monitoring, control and protection of both offshore and onshore facilities as well as complete SCADA systems for the wind industry. For more than 20 years, Origo Solutions has been HIMA's exclusive representative in Norway.

"By joining our forces Origo Solutions and HIMA will not only strengthen our position in Scandinavia, but also open up new opportunities in the field of Renewables globally”, stated Jörg de la Motte, CEO HIMA Group.

HIMA benefits from Origo Solutions’ Application Know-How and Origo Solutions will be able to utilize HIMA’s global footprint to drive international sales, especially in the Renewables sector. As regional headquarters for Scandinavia, the Norwegian company will also take responsibility for Sales and Service in Sweden and Denmark.

Existing Origo Solutions’ customers will benefit from a broader application portfolio and from having access to HIMA’s global sales, engineering and partner network. HIMA customers in Sweden and Denmark will be served from Norway in the future, which will lead to more efficient processes and even better support.

"It’s a Win-Win-Situation for HIMA and Origo Solutions, with multiple synergies: HIMA will benefit from our long-term experience in the development of safety applications and we at Origo Solutions will be able to utilize HIMA’s enhanced applications portfolio, global sales and service to boost our business," said Bjørn-Tore Lenes, CEO of Origo Solutions. 

HIMA will ensure continuity of the management: Bjørn-Tore Lenes as CEO and Glenn Kjetil Nystøl as CFO will continue to lead Origo Solutions. The one hundred associates in Kristiansand (headquarters), Stavanger and Arendal will be keep their positions and additional hires are planned. The company will continue to trade under the name "Origo Solutions" with the addition of "A HIMA Company".


#HIMA #PAuto #Safety #Norway

Friday, 12 January 2024

Autonomous mobile robots.

ABB has acquired Swiss start-up Sevensense, a leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs). Sevensense was founded in 2018 as a spin-off from Swiss technical University, ETH Zurich.

“This marks a significant step towards our vision of a workplace where AI-enabled robots assist people, addressing our customers' needs for greater flexibility and intelligence amidst critical skilled labor shortages,” said Sami Atiya, President of ABB Robotics and Discrete Automation. “Each mobile robot, equipped with vision and AI, scans a unique part of the building; collectively these robots complement each other’s view to form a complete map, enabling them to work autonomously in a rapidly changing environment.”

The acquisition follows ABB’s minority investment in Sevensense after it joined the company’s innovation ecosystem in 2021, the same year ABB acquired ASTI Mobile Robotics. Financial details of the transaction were not disclosed. Following pilot customer projects in the automotive and logistics industries, ABB will integrate Sevensense’s technology into the company’s AMR portfolio, offering an unprecedented combination of speed, accuracy, and payload.

The market for mobile robots is expected to grow at 20 percent CAGR through 2026, from $5.5bn (€5bn) to $9.5bn (€8.66bn) and ABB’s AI-powered 3D vision technology is at the forefront of this growth.

Sevensense’s pioneering navigation technology combines AI and 3D vision, enabling AMRs to make intelligent decisions, differentiating between fixed and mobile objects in dynamic environments. Once manually guided, mobile robots with Visual Simultaneous Localization and Mapping (Visual SLAM) technology create a map that is used to operate independently, reducing commissioning time from weeks to days and enabling the AMRs to navigate in highly complex, dynamic environments alongside people. Maps are constantly updated and shared across the fleet, offering instant scalability without interrupting operations and greater flexibility compared to other navigation technologies.

Today, this AI-enabled navigation technology is already transforming the automotive manufacturing and logistics sectors, delivering value through faster and more efficient operations. For automotive manufacturer Ford, Visual SLAM enabled ABB AMR’s will create efficiency gains in production sites in the US, while Michelin will use the technology in intralogistics at its factory in Spain. Other automotive manufacturers will roll out the technology in Britain, Finland and Germany.

“Offering more autonomy and cognitive intelligence, ABB’s unique market-proven technology paves the way for a shift from linear production lines to dynamic networks. Intelligent AMRs autonomously navigate to production cells, tracking stock inventory as they go and sharing this information with other robots, while collaborating safely side-by-side with humans,” said Marc Segura, President of ABB’s Robotics Division. “With the acquisition of Sevensense, ABB becomes the leader in next-generation AMRs, offering Visual SLAM in Autonomous Mobile Robots, together with an integrated portfolio covering robots and machine automation solutions, all managed by our value-creating software.”

Gregory Hitz, CEO of Sevensense, said: “This is a significant moment in our shared journey, as we introduce our home-grown technology to a wider range of markets and sectors. ABB is the ideal home for us to continue scaling our versatile platform for 3D visual autonomy, serving OEMs across the automated material handling and service robotics industries. Together, we will redefine the limits of AI-enabled robotics.”

This revolutionary technology has the potential to impact robotics far beyond AMRs, leading to greater efficiency, flexibility and accuracy throughout production and intralogistics. The technology will also continue to be sold across segments including material handling, cleaning and other service robotics fields under the product name Sevensense.

The Sevensense partnership highlights the success of ABB’s commitment to nurturing the next generation of inno-vations. Through its partner ecosystem and collaboration with start-ups and universities, ABB develops leading technology for the benefit of global businesses. Sevensense’s approximately 35 employees will continue to be based at its Swiss office in Zurich.


@ABBRobotics @ABBgroupnews @ABBMeasurement @abb_automation @7Srobotics @NapierPR #Automation #Robotics #AI

Thursday, 4 January 2024

Acquisition aids expansion into flow chemistry market.

The AGI Group has acquired Chemtrix B.V. effective from 29th December 2023. Chemtrix, based in the Netherlands, designs and manufactures a scalable portfolio of flow reactors that enables industry and academia to harness the advantages of flow chemistry and process intensification. This strategic acquisition will bring flow chemistry scale-up capabilities into the AGI Group, supporting both pilot and manufacturing solutions.

The AGI Group is a world-leading solutions provider for precision manufactured glass equipment across chemical processing industries, including the scientific and pharmaceuticals sectors. The core strategy of the AGI Group is to expand its global presence to support customers and enable sales growth in markets outside of Japan.

The AGI Group’s expanding portfolio of well-known brands includes the flagship AGI Glassplant brand; Premex Reactor, a supplier of premium quality, high pressure reactor systems and magnetic stirrers for research and development; and Syrris, the global leader in flow chemistry solutions for laboratory scale applications.

The Chemtrix flow reactor portfolio complements these offerings perfectly, and has been designed to change how chemical processes are developed, delivering increased process safety, reduced operating costs and new chemical possibilities at scales ranging from milligrams in the lab through to tonnes for manufacturing.

Mike Hawes, CEO of AGI International, commented: “We are very excited to have Chemtrix join AGI Group. We have a strong and successful history in providing high performance flow chemistry solutions for research laboratories. The addition of Chemtrix now allows us to support the market in scaling up their processes to the pilot plant and manufacturing scales. Chemtrix has a fantastic reputation in this market, and we are delighted to be able to offer the high quality and high performance solutions in the Chemtrix portfolio.”

Dr. Charlotte Wiles, CEO of Chemtrix, commented: “Our strategy focusses on developing close collaborations with end users across academia, the fine chemicals, specialty chemicals and pharmaceuticals industries to develop a complete, easy to scale product portfolio whilst delivering our customers safe and reliable scale-up from the lab to industrial production. We are delighted to join AGI Group, and continue our shared mission of delivering high quality, efficient solutions that meet our customers challenging process needs.”


@Chemtrix @agigroupincorp #PAuto #TandM