Rockwell completes its acquisition of Plex Systems
Rockwell Automation, Inc. (NYSE: ROK) has completed the acquisition of Plex Systems, the leading cloud-native smart manufacturing platform.
Plex offers the only single-instance, multi-tenant Software-as-a-Service (SaaS) manufacturing platform operating at scale, including advanced manufacturing execution systems, quality, and supply chain management capabilities. It has over 700 customers and manages more than 8 billion transactions per day. Plex will be reported as part of Rockwell’s Software and Control operating segment which provides leading hardware and software offerings for the design, operation, and maintenance of production automation and management systems.
“Plex Systems joins Rockwell at the perfect time, as more customers are starting to move their industrial applications to the cloud” - said Blake Moret, Chairman and CEO of Rockwell Automation - “Plex’s software capabilities will be further differentiated by Rockwell’s global market access, complementary industry expertise, and ability to turn real-time data into actionable insights”.
Today, Plex delivers tremendous value to customers in high-volume, highly repetitive discrete and process manufacturing sectors such as automotive parts, metal fabrication, electronics, food & beverage, and aerospace. Together with the advanced, cloud-native asset maintenance and management capabilities provided by Rockwell’s earlier acquisition of Fiix, the combined offering is ideal for customers in industries like life sciences and consumer packaged goods that are focused on complying with regulatory requirements and meeting consumer expectations in areas like product quality, safety, and sustainability.