Acquisition
Rockwell Automation acquires Clearpath Robotics
Rockwell Automation acquired Clearpath Robotics including OTTO Motors for ~$609M ($566M cash + $43M contingent).
full acquisition · Completed · $609.0M (reported, approximate) · reported
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7ec9c962-0749-4f40-be6c-dda6381513dbParties
- Acquirer
- Rockwell Automation
- Acquired
- Clearpath Robotics
Timeline
- Announced
- 2023-09-05
- Closed
- 2023-10-02
Sources (2)
- https://www.rockwellautomation.com/en-us/company/news/press-releases/Rockwell-Automation-completes-acquisition-of-autonomous-robotics-leader-Clearpath-Robotics-and-its-industrial-offering-OTTO-Motors.html
- https://vectorshift.ai/research/deals/rockwell-automation-clearpath-robotics-including-otto-motors-2023
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