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Article: ROCKWELL: Rockwell Automation to acquire Anorad Corporation.

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M2 Presswire
Article date:
September 9, 1998
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M2 PRESSWIRE-9 September 1998-ROCKWELL: Rockwell Automation to acquire Anorad Corporation (C)1994-98 M2 COMMUNICATIONS LTD

RDATE:080998

-- Strategic move will strengthen Rockwell Automation's position in the high growth motion control market

Automation leader Rockwell Automation, a business of Rockwell International Corporation (NYSE:ROK), announced today it has signed a definitive agreement to acquire Anorad Corporation of Hauppauge, N.Y., the world leader in linear motor-based precision positioning equipment.

The transaction, which is subject to customary regulatory approvals, is expected to be completed this fall. Terms of the ...

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