{"id":"bdc209e1-5198-41c4-86f9-5b06ad6a479a","slug":"rockwell-automation-acquires-clearpath-2023","acquirerCompanyId":"32f45c46-ae47-4112-9594-4aac50536fe8","acquiredCompanyId":"cab69efc-5f1b-4904-a6ae-44f44db4a697","acquirerName":"Rockwell Automation","acquiredName":"Clearpath Robotics","announcementDate":"2023-09-05T12:00:00.000Z","closeDate":"2023-10-02T12:00:00.000Z","status":"completed","structure":"full_acquisition","valuationUsd":"600000000","valuationBasis":"reported","summary":"Rockwell Automation acquired Kitchener-based Clearpath Robotics and its industrial OTTO Motors division, closing in October 2023 (announced September 5, 2023). Terms were undisclosed officially; press reports put the upfront price at roughly $550-600M, with earn-outs potentially exceeding $600M. The deal brought autonomous material-handling AMRs into Rockwell's industrial-automation portfolio.","sources":[{"url":"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","title":"Rockwell completes acquisition of Clearpath Robotics / OTTO Motors","sourceName":"Rockwell Automation"}],"verificationPosture":"verified","reviewStatus":"reviewed","createdAt":"2026-06-24T07:57:21.872Z","updatedAt":"2026-07-14T21:34:53.985Z","acquirerCompany":{"id":"32f45c46-ae47-4112-9594-4aac50536fe8","slug":"rockwell-automation","name":"Rockwell Automation"},"acquiredCompany":{"id":"cab69efc-5f1b-4904-a6ae-44f44db4a697","slug":"clearpath-robotics","name":"Clearpath Robotics"},"assets":[]}