# Nidec completes acquisition of 90% stake in Roboteq

Nidec completed the acquisition of 90% ownership of Roboteq, a US-based designer of ultra-low voltage drives, making Roboteq a consolidated subsidiary.

- Type: Acquisition
- Announced: 2019-12-09
- Where: United States
- Status: completed
- Products: ultra-low voltage drives, servo motors, precision gear boxes, navigation sensors, power management technology
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Roboteq](https://endata.com/companies/43824.md) (target)

## Sources

- [roboticsandautomationnews.com](https://roboticsandautomationnews.com/2019/12/09/nidec-completes-acquisition-of-roboteq/27284/), 2019-12-09: "Nidec, believed to be the world’s leading supplier of components for industrial robots, has completed the acquisition of 90 per cent ownership of Roboteq"

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