OnLogic to Be Acquired for $675 Million by OMRON, a Japanese Firm
Onlogic will keep its brand and management as Omron combines its industrial PCs with high-precision control technology for physical AI.
- On Tuesday, Japanese manufacturer Omron announced it will acquire US-based industrial PC firm Onlogic and its parent company, Interlogic, for $675 million.
- The acquisition aims to integrate Omron's high-precision control technology with Onlogic's industrial PCs to develop physical artificial intelligence platforms within its industrial automation business.
- Onlogic will continue to operate as an independent business, retaining its brand and current management team while developing industrial PCs.
- Interlogic will become a wholly owned subsidiary of Omron, providing the manufacturer with an expanded customer base for its US-based automation services.
- Omron Robotics previously signed a collaboration agreement with Italian automation company Comau in May to develop automation services in industrial manufacturing.
12 Articles
12 Articles
OnLogic to Be Acquired for $675 Million by OMRON, a Japanese Firm
The local company, started by a husband-wife team, has grown to 300 employees and has a headquarters visible from Interstate 89. The post OnLogic to Be Acquired for $675 Million by OMRON, a Japanese Firm appeared first on Seven Days. (Image: Courtesy of OnLogic)
On the 13th, Omron, a major electronics manufacturer, announced it will acquire Onlogic, a US industrial PC manufacturer. The acquisition price is $675 million (approximately 105 billion yen), and Omron will make Interlogic, Onlogic's parent company, a wholly owned subsidiary…
(Tokyo=Yonhap News) Correspondent Cho Seong-mi = Japanese control equipment manufacturer Omron acquired U.S. industrial computer manufacturer OnLogic for 100 billion yen (approximately 841.3 billion won) and ...
Japan’s Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push
TOKYO, Oct 13 (Reuters) - Japanese manufacturer Omron will buy US industrial PC firm Onlogic and its parent company, Interlogic, for $675 million, the company said on Tuesday. The acquisition is intended to develop Omron's physical artificial intelli...
Omron will strengthen its control equipment business by acquiring Interlogic, Inc. (Vermont), which owns OnLogic, Inc. (Vermont), a US industrial PC manufacturer. By combining industrial PCs with its own high-precision control technology, Omron will accelerate the development of a physical AI (artificial intelligence) platform that controls equipment and robots, and will also facilitate mutual sales in the US and Europe.
Coverage Details
Bias Distribution
- 60% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
