Amherst, New York-based Allied Motion Technologies Inc. (Nasdaq: AMOT), a designer and manufacturer of precision and specialty controlled motion products and solutions, has completed its acquisition of ThinGap, a developer and manufacturer of high performance, zero cogging slotless motors.
The announcement followed a May 9 statement saying the two companies had reached a deal. Financial details were not disclosed.
ThinGap is based in Camarillo, California. Its key markets include aerospace, defense and medical.
“ThinGap expands Allied’s precision motion capabilities,” Allied announced. “The addition to the Allied team also advances the Company’s strategy to provide integrated motion solutions in the robotics, semiconductor and instrumentation markets where ThinGap’s key motor characteristics are well suited for the high precision, smooth motion requirements in these exacting applications.”