# SPX Corporation acquires ULC Technologies: acquisition

Canonical ID: `36e7267e-4566-4bcb-8407-f0310ece4d3b`

SPX Corporation acquired ULC Robotics (now ULC Technologies) and affiliated entities for approximately $140 million, closing September 2, 2020.

- **Structure:** full acquisition
- **Status:** completed
- **Valuation:** $140.0M (reported, approximate)
- **Verification posture:** verified

## Parties

- **Acquirer:** [SPX Corporation](https://registry.deploy.report/companies/spx-corporation.md)
- **Acquired:** [ULC Technologies](https://registry.deploy.report/companies/ulc-technologies.md)

## Timeline

- **Closed:** 2020-09-02

## Sources (1)

1. https://www.therobotreport.com/spx-acquires-utilities-inspection-robotics-as-a-service-provider-ulc-robotics/


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