# 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.

- Type: Acquisition
- Announced: 2023-12-31
- Where: United States
- Value: $600.0M
- Status: completed
- Products: autonomous mobile robots, smart manufacturing solutions
- 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

- [therobotreport.com](https://www.therobotreport.com/rbr50-company-2024/rockwell-automations-acquisition-of-otto-motors-an-all-around-win/), 2024-04-09: "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](https://www.therobotreport.com/rbr50-spotlight-rockwell-automations-acquisition-otto-motors-all-around-win/), 2024-10-10: "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."

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