Rockwell Automation
Takeover of Cubic planned
Rockwell Automation announced the signing of a definitive agreement to acquire Cubic.
Rockwell Automation aims to have acquired Cubic by the end of the year. The company was founded in 1973 and specializes in modular systems for the construction of electrical control panels. In the 2022 financial year, which ended at the end of September, Cubic is expected to have generated sales of more than 75 million US dollars.
The acquisition will enable customers to benefit from Cubic's modular systems in combination with Rockwell's intelligent devices and industry expertise. This will reduce time-to-market, enable broader plant-wide applications for intelligent motor controls and generate intelligent data to increase sustainability and productivity.
Rockwell will also be able to build an expanded partner network in Europe, Asia and Latin America through Cubic's partner model. Upon completion of the transaction, Cubic will report to Rockwell's Power Control business unit within the Intelligent Devices business segment.
You might also be interested in
Cooperation with Everactive
Rockwell Automation has announced a partnership with Santa Clara, California-based Everactive. The company is a provider of wireless and batteryless condition monitoring solutions for industrial customers.
read more...Rockwell Automation acquires Clearpath Robotics
Rockwell Automation has signed an agreement to acquire Clearpath Robotics, an autonomous robotics company. The acquisition complements Rockwell's end-to-end solutions for autonomous production logistics.
read more...Scalable and flexible HMI platform
Rockwell Automation complements its visualization portfolio with 'FactoryTalk Optix'.
read more...Save development time and costs
According to the manufacturer, machine builders can save development time and costs with the extended Allen-Bradley Micro850 and Micro870 controllers of the '2080-Lx0E' series and the latest Connected Components Workbench software from Rockwell...
read more...CPUs supported by Dragon Core
The IEC 61131-3 platform Codesys supports the processors known as Dragon Core from the Chinese manufacturer Loongson.
read more...Computer&Automation Interactive
The new e-paper experience
Where print reaches its limits, our e-paper unfolds its full potential - true to the motto: pictures say more than 1000 words. Our e-papers now contain more information in the form of videos, GIFs, web links and picture galleries! See for yourself!
read more...New Chief Technology Officer appointed
Rockwell Automation has appointed Cyril Perducat as Senior Vice President and Chief Technology Officer (CTO). As of July 1, 2021, he will report directly to President and CEO Blake Moret.
read more...New board member for production and quality management
Bosch Rexroth appoints Dr. Christina Franke (49) to the Management Board with responsibility for Production and Quality Management as of April 1. She succeeds Reinhard Schäfer (60), who is retiring.
read more...Integrated measurement technology for condition monitoring
There are new variants of the high-precision motor feedback system 'EDS/EDM35' from Sick. Variants with additional sensors for monitoring vibration behavior and humidity supplement the standard variants.
read more...