ATS Automation acquires Transformix Engineering for $10M
December 10, 2018 by Manufacturing AUTOMATION
December 10, 2018 – Cambridge, Ontario’s ATS Automation Tooling Systems has announced the acquisition of all of the intellectual property assets of Transformix Engineering Inc. for $10 million.
Transformix’s CNCAssembly system, based on its patented Rapid Speed Matching (RSM) technology, provides a method of linking and synchronizing the movements of devices and tooling to enable faster and more efficient assembly systems. This enhanced capability is expected to provide higher-speed, lower-cost, energy-efficient and more flexible assembly solutions for customers of ATS customers. CNCAssembly is suitable for any application where high-precision motion control is required and can serve a broad range of end markets.
“The addition of this important technology will complement our growing portfolio of linear mover technology products, which includes the best-in-class SuperTrakTM linear motion system,” says Andrew Hider, CEO of ATS. “Our team is excited to combine ATS’ engineering expertise with the CNCAssembly technology to develop innovative, market-leading solutions.”
The integration of Transformix’s technology with ATS is expected to take up to 12 months.