# Rockwell Automation acquires Clearpath Robotics: acquisition

Canonical ID: `7ec9c962-0749-4f40-be6c-dda6381513db`

Rockwell Automation acquired Clearpath Robotics including OTTO Motors for ~$609M ($566M cash + $43M contingent).

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $609.0M (reported, approximate)
- **Verification posture:** reported

## Parties

- **Acquirer:** [Rockwell Automation](https://registry.deploy.report/companies/rockwell-automation.md)
- **Acquired:** [Clearpath Robotics](https://registry.deploy.report/companies/clearpath-robotics.md)

## Timeline

- **Announced:** 2023-09-05
- **Closed:** 2023-10-02

## Sources (2)

1. 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
2. https://vectorshift.ai/research/deals/rockwell-automation-clearpath-robotics-including-otto-motors-2023


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