Business · Companies · 34 mins ago

Omron to buy US industrial computer maker OnLogic for about $630 million

Omron to buy US industrial computer maker OnLogic for about $630 million

Japan's Omron plans to buy US-based OnLogic for about $630 million.

Omron makes electronics and factory control equipment, while OnLogic makes and sells industrial computers used in factories.

The deal could happen as early as January.

Omron is pursuing growth in physical AI, which involves AI used in machines and other equipment in the real world.

The acquisition could also help Omron expand sales of its control equipment in the Americas.

The deal is not described as completed.

Sources

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