Rockwell purchases MagneMotion

Leader company dedicated to industrial automation and information, Rockwell Automation (NYSE: ROK) announced that it has agreed to purchase MagneMotion, a leading manufacturer of intelligent conveying systems, used across a broad range of industrial applications (including automotive and general assembly, packaging and material handling).

This acquisition will complement Rockwell Automation’s iTRAK to complete the portfolio of independent cart solutions in this emerging technology area.
The recent acquisition of Jacobs Automation and its iTRAK technology is complementary to MagneMotion’s portfolio. Rockwell sees a future where the transportation of products within the factory, whether inside of a particular machine or between machines, will be fully controlled to optimize the productivity and flexibility of the entire process.