Shanghai Moons’ Electric acquires Applied Motion Products
June 13, 2014 by Manufacturing AUTOMATION
Shanghai Moons’ Electric Co., Ltd., has acquired Applied Motion Products (AMP), Inc., a Watsonville, Calif.-based provider of advanced stepper and servo motor drives.
“Our acquisition of Applied Motion Products complements our overall product offering of stepper, servo, brushless DC motors by providing enhanced drives and software. This investment represents an important strategic opportunity to offer complete motion solutions for our customers in North America and globally. This acquisition is an expansion of our joint venture that was started in 2007 where AMP and Moons’ shared technology and R&D in the development of motor drives. This will further enhance organizations by the integration of all resources and strengths including sales networks,” said James Chang, president of Shanghai Moon’s Electric.
No changes are planned in the day-to-day operation of Applied Motion Products, with the exception of reporting to Shanghai Moons’ Electric Company.