Partnership

Rockwell Automation acquires Clearpath Robotics / OTTO Motors

Rockwell Automation completed its acquisition of Clearpath Robotics, including its industrial division OTTO Motors, for approximately 09 million (66M cash net plus 3M contingent consideration). The acquisition added autonomous mobile robots to Rockwell's Intelligent Devices portfolio, integrating OTTO's AMR technology with Rockwell's industrial automation platform.

investment · Concluded · verified

Track Rockwell Automation acquires Clearpath Robotics / OTTO Motors

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5fae0c62-94a5-4cb2-94c9-1ab535df1620

Parties (2)

Rockwell Automation investor partner
OTTO Motors other

Timeline

Announced: 2023-10-02
Start: 2023-10-02

Sources (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

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