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LaCroix Precision Optics - Lacroix Precision Optics

Allied Motion Reaches Merger Agreement with ThinGap

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AMHERST, N.Y., May 20, 2022 — Precision and specialty-controlled motion company Allied Motion Technologies will merge with ThinGap, a developer and manufacturer of slotless motors for applications that require precision motion. Terms of the agreement were not disclosed. The companies expect the deal to close in the second quarter of 2022. Allied Motion CEO Dick Warzala said that the merger creates potential for the combined company to advance total solution capabilities in the robotics, semiconductor, and instrumentation markets. Key markets for ThinGap are aerospace, defense, and medical. Its motors support...Read full article

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