# Novanta acquires Schneider Electric Motion USA and ATI Industrial Automation for $287 million

Novanta, a manufacturer of motion control and robotic components, acquired Schneider Motion Control USA for $115 million and ATI Industrial Automation for about $172 million. The Schneider unit was renamed Novanta IMS.

- Type: Acquisition
- Announced: 2021-11-08
- Where: Marlborough, Connecticut, United States
- Value: $287.0M
- Status: completed
- Products: motion control components, robotic components, motors, drives, encoders
- 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

- [newpowertechnology.com](https://newpowertechnology.com/2021/11/08/novanta-acquires-schneider-electric-motion-ati-launches-novanta-ims/), 2021-11-08: "SEM and ATI are fantastic businesses which 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.