# Rockwell Automation to acquire Clearpath Robotics

Rockwell Automation signed a definitive agreement to acquire Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications, to accelerate its autonomous production logistics solutions.

- Type: Acquisition
- Announced: 2023-09-05
- Where: Waterloo, Ontario, Canada
- Value: $600.0M
- Status: announced
- Products: autonomous mobile robots, fleet management software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Rockwell Automation](https://endata.com/companies/2401.md) (acquirer)
- [Otto Motors](https://endata.com/companies/16771.md) (target)
- [Clearpath Robotics](https://endata.com/companies/16772.md) (target)

## Sources

- [rockwellautomation.com](https://www.rockwellautomation.com/en-us/company/news/press-releases/Rockwell-Automation-signs-agreement-to-acquire-autonomous-robotics-leader-Clearpath-Robotics.html), 2023-09-05: "Rockwell and Clearpath together will simplify the difficult and labor-intensive task of moving materials and product through an orchestrated and safe system to optimize operations throughout the entire manufacturing facility."
- [ottomotors.com](https://ottomotors.com/company/newsroom/press-releases/rockwell-automation-signs-agreement-to-acquire-autonomous-robotics-leader-clearpath-robotics/), 2023-09-05: "Rockwell and Clearpath together will simplify the difficult and labor-intensive task of moving materials and product through an orchestrated and safe system to optimize operations throughout the entire manufacturing facility."
- [theglobeandmail.com](https://www.theglobeandmail.com/business/article-waterloos-clearpath-robotics-sold-to-rockwell-automation-for-us600/), 2023-09-12: "Rockwell announced the deal last week, and did not disclose the price."
- [ceramics.org](https://ceramics.org/ceramic-glass-manufacturing-weekly/ceramic-and-glass-business-news-of-the-week-268/), 2023-09-18: "Industrial automation firm Rockwell Automation, Inc. will acquire Canadian robot maker Clearpath Robotics Inc."
- [ottomotors.com](https://ottomotors.com/company/newsroom/press-releases/rockwell-automation-completes-acquisition-of-autonomous-robotics-leader-clearpath-robotics-and-its-industrial-offering-otto-motors/), 2023-10-02: "Rockwell Automation, Inc. today announced it completed its acquisition of Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics."

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