# ATS Automation acquires Transformix intellectual property assets

ATS Automation Tooling Systems acquired substantially all intellectual property assets of Transformix Engineering Inc., including the CNCAssembly system based on RSM technology, for $10 million paid at close plus a future commission structure.

- Type: Acquisition
- Announced: 2018-12-06
- Where: Canada
- Value: $10.0M
- Status: completed
- Products: CNCAssembly system, linear mover technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ATS Automation Tooling Systems](https://endata.com/companies/5706.md) (acquirer)
- [Transformix Engineering](https://endata.com/companies/19324.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/ats-announces-acquisition-of-intellectual-property-assets-of-transformix-815377053.html), 2018-12-06: "ATS today announced that it has acquired substantially all of the intellectual property assets of Transformix Engineering Inc."
- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2018/12/09/ats-announces-acquisition-of-intellectual-property-assets-of-transformix-for-10-million/20195/), 2018-12-09: "The addition of this important technology will complement our growing portfolio of linear mover technology products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.