Rockwell Automation signs agreement to acquire autonomous robotics leader Clearpath Robotics - Seite 2

Data from Rockwell’s offerings and OTTO Motors’ AMRs will be harnessed in artificial intelligence-powered Software as a Service information management applications, such as those by Rockwell’s Plex and Fiix businesses. With this, Rockwell will deliver a unified solution for manufacturing, enabling autonomous execution and optimization to increase efficiency and allow for traceability and real-time adjustments. The combined technology will also amplify Kalypso’s production logistics consulting practice.

“Industrial customers are under ever-increasing pressure to do more with less. Autonomous production logistics is becoming a necessity to meet targets and stay competitive. We are excited to join Rockwell and help expand their leadership position in advanced material handling,” said Matt Rendall, co-founder and CEO of Clearpath. “Together, we will create safer and more productive workplaces with autonomous technology.”

Founded in 2009, Clearpath got its start offering robotics technology to global research and development markets, and in 2015, launched its OTTO Motors Division.

The acquisition will be funded by a portion of the proceeds from the sale of Rockwell’s investment in PTC. It is subject to customary regulatory approval and is expected to close in the first quarter of Rockwell’s fiscal year 2024. At close, Clearpath will report to Rockwell’s Intelligent Devices operating segment.

Goldman Sachs & Co. LLC served as Rockwell’s financial advisor.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 28,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

About Clearpath Robotics

Clearpath Robotics Inc. is a global leader in autonomous technology for industry, serving thousands of the world's most innovative brands through the company's namesake research division and industrial division, OTTO Motors. We strive to automate the world’s dullest, dirtiest and deadliest work with Autonomous Mobile Robots, creating safer and more productive workplaces. Headquartered in Waterloo, Ontario, the company was named one of Fast Company’s Most Innovative Companies for 2023. To learn more about our Autonomous Mobile Robots, visit www.ottomotors.com

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The Rockwell Automation Stock at the time of publication of the news with a fall of -2,03 % to 307,7EUR on NYSE stock exchange (05. September 2023, 21:55 Uhr).