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Rockwell Automation to acquire Samsung's controller business

Posted: 25 Apr 2002 ?? ?Print Version ?Bookmark and Share

Keywords:Samsung Electronic? controller? Mechatronics?

Rockwell Automation has signed a definitive agreement to acquire the controller division of Samsung Electronic Co. Ltd's Mechatronics business. With the acquisition, Rockwell Automation will form a new business that will operate using the name Rockwell Samsung Automation. The business will create technologies in the design and development of automation products including PLCs, motion, drives, distributed I/O and software product lines.

As part of the transaction, Samsung Electronics will provide Rockwell Samsung Automation with a license to brand and market products with the Samsung name in the South Korean market. Samsung Electronics has also agreed to purchase control and other automation products from Rockwell Automation, including those produced by the new company, as preferred products throughout all Samsung Electronics manufacturing operations.

Rockwell Samsung Automation will combine the employees of Rockwell Automation's existing South Korean organization with the Samsung controller business. The company's headquarters will be in Seoul, South Korea and the manufacturing and product development facility will be located in the Suwon city area. These operations will report to the Rockwell Automation Controls and Information business group based in Cleveland, Ohio.

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