Close

Search

Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics EuroPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Novanta Establishes Novanta IMS

Facebook Twitter LinkedIn Email
After closing on its acquisition of Schneider Electric Motion (SEM), Novanta is renaming the acquired company Novanta IMS. Novanta acquired SEM in August for $115 million. The acquisition will bring Novanta into the automation and robotic applications markets through advanced motion control systems. The move also increases its opportunities in the life sciences and medical markets, Matthjis Glastra, CEO and chair of Novanta, said in August.

“We have been committed to developing innovative motion control solutions since we were founded in 1986 as Intelligent Motion Systems, so our new name Novanta IMS is a nod to our roots,” said Eric Klein, general manager at Novanta IMS.

Novanta IMS will work closely with Celera Motion, a provider of motion control components and subsystems for OEMs serving a variety of medical and advanced industrial markets.


Vision-Spectra.com
Oct 2021
Businessacquisitionsmergers & acquisitionsrebrandbrandnew namerenameNovantaNovanta IMSSchneider Electric MotionSEMIntelligent Motion SystemsCelera MotionAmericasautomationrobotics

Comments
news
Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2021 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.