Mitsubishi Electric to acquire ICONICS, Inc.

Mitsubishi Electric announced it will acquire the remaining shares of ICONICS, a U.S. SCADA and IoT software company, to make it a wholly owned subsidiary. The acquisition is expected to close within fiscal year ending March 2020.

“Mitsubishi Electric aims to enhance its software product lineup to realize e-F@ctory, including edge-computing, by combining ICONICS’ software-developing capabilities and Mitsubishi Electric’s factory-automation technology.”businesswire.com

• 4 sources
• businesswire.comMitsubishi Electric to Acquire ICONICS, Inc. in United StatesMay 13, 2019
• roboticsandautomationnews.comMitsubishi Electric to acquire US software company IconicsAnnaMay 21, 2019
• iconics.comICONICS Announces Partnership with Mitsubishi Electric | Iconics Digital SolutionsMay 24, 2019
• roboticsandautomationnews.comacquisition – Page 5David Edwards, Anna, Mai Tao, Sam FrancisAug 2, 2019

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