Oxford Metrics acquired assets from Move AI, including AI-powered markerless motion capture technology and intellectual property.
ABB has agreed a recommended all-cash offer of 503 pence per share for all of Rotork plc, implying an enterprise value of about $5.5 billion. The deal is expected to add about 3% to ABB's revenues and expand its automation offering.
Momentum Group acquired Actuated Solutions Limited (ASL), a UK manufacturer of valve actuation systems. Valve World reports the deal values ASL at £15 million.
Fluid power supplier Flowtech has agreed a £350,000 deal to acquire the assets of pneumatics and fluid products provider Thorite, including equipment, vehicles, stock and locations, and has paid off Thorite's £1.7m debt.
Ross Controls announced it acquired Pneumatrol effective 31 July 2019, adding it to the ROSS group of companies.