Manufacturing AUTOMATION

News Industry News
ATS Automation acquires Transformix Engineering for $10M


December 10, 2018
By Manufacturing AUTOMATION

Topics

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.


Related news
ATS Automation completes acquisition of KMW
ATS Automation Tooling Systems to acquire KMW and produce electric vehicles


“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.