The 2020 Mid-Year Economic Update_long

Rockwell Automation Acquires Two Companies

Both transactions are expected to close in the spring of 2020.

Rockwell Automation, Inc. (NYSE: ROK), Milwaukee, Wisconsin, has agreed to acquire the Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. terms of the transaction were not disclosed.

ASEM provides a complete range of Industrial PCs, Human-Machine Interface (HMI) hardware and software, remote access capabilities and secure Industrial IoT gateway solutions. The transaction includes the purchase of a minority interest in ASEM held by KEB Group, Germany. Rockwell Automation will maintain ASEM’s strategic supplier and technology partner relationship with KEB.

Rockwell Automation has also announced that it has signed an agreement to acquire privately-held Kalypso, LP. Kalypso offers a full suite of consulting, digital innovation, enterprise technology, and business process management services that enable the transformation of product design and development, production management and client service models. Terms of the transaction were not disclosed.

“Kalypso’s deep roster of experienced consultants and technologists, expertise across the digital value chain and established customer base in key growth sectors will enable us to further accelerate our customers’ Connected Enterprise journey and support Rockwell Automation’s strategic objective of continued double-digit growth in Information Solutions and Connected Services,” said Frank Kulaszewicz, Senior Vice President, Control Products & Solutions at Rockwell Automation.

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