M&A Deal Summary

Rockwell Automation Acquires Clearpath Robotics

On September 5, 2023, Rockwell Automation acquired technology hardware company Clearpath Robotics

Acquisition Highlights
  • This is Rockwell Automation’s 2nd transaction in the Technology Hardware sector.
  • This is Rockwell Automation’s 2nd transaction in Canada.
  • This is Rockwell Automation’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2023-09-05
Target Clearpath Robotics
Sector Technology Hardware
Buyer(s) Rockwell Automation
Deal Type Add-on Acquisition

Target

Clearpath Robotics

Kitchener, Ontario, Canada
Clearpath Robotics is an autonomous robotics company for industrial applications. The Company looks to automate work with autonomous mobile robots, creating safer and more productive workplaces. Clearpath Robotics is based in Kitchener, Ontario.

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Buyer(S) 1

Buyer

Rockwell Automation

Milwaukee, Wisconsin, United States
Category Company
Founded 1903
Sector Machinery
Employees29,000
Revenue 9.1B USD (2023)
DESCRIPTION
Rockwell Automation's corporate headquarters in downtown Milwaukee, Wisconsin.
Rockwell Automation's corporate headquarters in downtown Milwaukee, Wisconsin.

Rockwell Automation is a provider of industrial automation power, control and information solutions that help manufacturers achieve a competitive advantage for their businesses. Rockwell Automation was formed in 1903 and is based in Milwaukee, Wisconsin.

DEAL STATS #
Overall 28 of 29
Sector (Technology Hardware) 2 of 2
Type (Add-on Acquisition) 27 of 28
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Knowledge Lens

Bengaluru, India

Knowledge Lens is a digital technology consulting company, provides industrial artificial intelligence (AI), sustainability, and digital transformation solutions to manufacturers and enterprises across the world. Leveraging data science, analytics, and cloud, Knowledge Lens helps clients accelerate their journey towards autonomous manufacturing. Knowledge Lens is based in Bengaluru, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-06 Verve Industrial Protection

Florissant, Missouri, United States

Verve Industrial Protection specializes in industrial control systems (ICS), cybersecurity, and technical services. Verve Industrial Protection was founded in 1994 and is based in Florissant, Missouri.

Buy -
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