# Novanta to acquire ATI Industrial Automation for $172 million

Novanta Inc. reached an agreement to acquire ATI Industrial Automation for $172 million upfront in cash plus contingent payments, expected to close in Q3 2021.

- Type: Acquisition
- Announced: 2021-07-19
- Where: Raleigh, North Carolina, United States
- Value: $172.0M
- Status: announced
- Products: robotic changing systems, force/torque sensors, collision sensors
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [ATI Industrial Automation](https://endata.com/companies/17027.md) (target)
- [Novanta](https://endata.com/companies/24684.md) (acquirer)
- [Schneider Electric Motion USA](https://endata.com/companies/37827.md) (target)

## Sources

- [investors.novanta.com](https://investors.novanta.com/news/news-details/2021/Novanta-Announces-Agreement-to-Acquire-ATI/default.aspx), 2021-07-19: "ATI is a fantastic business with proprietary intellectual property in attractive and growing markets."
- [businesswire.com](https://www.businesswire.com/news/home/20210719005221/en/Novanta-Announces-Agreement-to-Acquire-ATI), 2021-07-19: "ATI is a fantastic business with proprietary intellectual property in attractive and growing markets."
- [investors.novanta.com](https://investors.novanta.com/news/news-details/2021/Novanta-Completes-Acquisitions-of-SEM-and-ATI-and-Updates-Financial-Guidance/default.aspx), 2021-08-31: "SEM and ATI are fantastic businesses which are excellent strategic additions to Novanta, expanding our positions in high growth markets."
- [assemblymag.com](https://www.assemblymag.com/articles/96589-novanta-acquires-sem-and-ati), 2021-09-02: "SEM and ATI are fantastic businesses that are excellent strategic additions to Novanta, expanding our positions in high growth markets."

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