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Article: Rockwell Automation Completes Acquisition of Anorad Corporation.
- Article from:
- PR Newswire
- Article date:
- November 5, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Strategic Move Makes Rockwell Automation World Leader in Linear Motor
Technology and Systems
MILWAUKEE, Nov. 5 /PRNewswire/ -- Automation leader Rockwell Automation, a business of Rockwell (NYSE: ROK), announced today it has completed the acquisition of Anorad Corporation of Hauppauge, N.Y., the world leader in linear motor-based precision positioning equipment. Acquiring Anorad immediately positions Rockwell Automation as the global market share leader in linear motor technology, which is emerging as an optimal choice in automated linear manufacturing applications, replacing traditional rotary motors.
Rockwell Automation announced on Sept. 8, ...