Search Results: schneider electric

Stord Raises Series D Funding, Acquires Fulfillment Works to Widen Cloud-Based Logistics

Found in News and Content

…Advance Auto Parts, Dollar General, Schneider Electric, and Veritiv Opened a state-of-the-art, 386,000-sq.-ft. facility in Atlanta that uses the latest warehouse robotics and automation technologies Transaction details Kleiner Perkins led Stord's Series D round, which came just six months after its $65 million Series C. Stord has raised a total of $205 million in funding to date. Lux Capital, D1…

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Novanta to Acquire Sensor, Tooling Maker ATI Industrial Automation for $172M

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…mission-critical robotic applications, such as electric vehicle production, medical robotics, and collaborative robotics.” Bedford, Mass.-based Novanta said it offers proprietary technology expertise and competencies in photonics, vision, and precision motion, as well as a proven ability to solve complex technical challenges. The company said it engineers core components and subsystems that can deliver extreme precision and performance, tailored to our…

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Novanta to Acquire Motion Control Provider Schneider Electric Motion USA for $115M

Found in News and Content

…it has agreed to acquire Schneider Electric Motion USA for $115 million in cash. The transaction is expected to close in the third quarter of 2021. “SEM is expected to help our expansion into automation and robotic applications through advanced motion-control solutions,” said Matthijs Glastra, chairperson and CEO of Novanta. “The business is also anticipated to increase Novanta’s exposure to…

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