Rockwell Automation to Buy Samsung Electronics Controller Business

Rockwell Automation Inc.'s Korea unit agreed to acquire the controller division of Samsung Electronics Co.'s Mechatronics business located near Seoul, Korea, for an undisclosed amount.

The acquisition would solidify Rockwell Automation's position in Asia's industrial automation market by adding to the company's line of PLCs, motion, drives, distributed I/O and software product lines, according to a company statement, said Don Davis, chairman and chief executive officer, Rockwell Autom

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish