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Rockwell Automation acquires Clearpath Robotics and OTTO Motors · Endata

◂ Announcements

Dec 31, 2023ACQUISITIONUnited States

Rockwell Automation acquires Clearpath Robotics and OTTO Motors

Rockwell Automation acquired Clearpath Robotics and its subsidiary OTTO Motors in late 2023 for nearly $600 million. OTTO Motors develops autonomous mobile robots for manufacturing and logistics.

Value

$600.0M

Status

Completed

Productsautonomous mobile robotssmart manufacturing solutions

CompaniesRockwell Automation acquirer Otto Motors target Clearpath Robotics target

Sectors#Automation and Robotics #Material Handling

“Rockwell and Clearpath together will simplify the difficult and labor-intensive task of moving materials and product through an orchestrated and safe system.”therobotreport.com

2 sources
therobotreport.comRockwell Automation's acquisition of OTTO Motors an all-around win - The Robot ReportApr 9, 2024
therobotreport.comRBR50 Spotlight: Rockwell Automation’s acquisition of OTTO Motors an all-around winThe Robot Report StaffOct 10, 2024

Summarized from public sources; check the original articles before acting on it.

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