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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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    Published: May 2022
    Glossary
    positioning
    Positioning generally refers to the determination or identification of the location or placement of an object, person, or entity in a specific space or relative to a reference point. The term is used in various contexts, and the methods for positioning can vary depending on the application. Key aspects of positioning include: Spatial coordinates: Positioning often involves expressing the location of an object in terms of spatial coordinates. These coordinates may include dimensions such as...
    mergers & acquisitionsmergersBusinessAmericasmotion controllersMotion Controlprecision motionmotorsservo motorsDC servo motorsAllied Motion TechnologiesThinGapprecision motion componentsprecision motion controlroboticsOpticspositioningsatellitesslotless motorsemiconductor manufacturing

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