Allied Motion acquires global nano precision motion control solutions company
November 9, 2021 by Manufacturing AUTOMATION
Allied Motion Technologies, a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, has acquired ALIO Industries, a manufacturer of advanced linear and rotary motion systems for nano-precision applications. The acquisition cost $20 million, of which $15 million was paid in cash and $5 million in Allied common stock.
“ALIO is well recognized for their technology, know-how and expertise in nanometer level positioning, and we are very excited to add such high precision positioning and robotic technology solutions to our already powerful portfolio of motion solution offerings. Equally important is ALIO’s culture and passion for innovation, customer service and product quality, all traits that align well with what we have built at Allied. We expect that the business can grow rapidly as we leverage our joint channels to market and bring scale to their operations,” said Dick Warzala, chairman and CEO of Allied Motion Technologies.
Founded in 2001 and headquartered in Arvada, Colorado, ALIO designs, engineers and manufactures nano technology motion systems for applications in silicon photonics, micro-assembly, digital pathology, genome sequencing, laser processing and microelectronics. Their product line includes the patented Hybrid Hexapod, which provides for 6 axis point precision repeatability, air bearing systems, linear and rotary nano-precision systems, and systems customized for atmospheric, clean room and ultra-high vacuum environments.
“Joining with the Allied team creates a solid foundation and a great complementary combination to generate accelerated growth in the future. We embrace the One Allied culture and on behalf of our entire company, we look forward to a great partnership moving forward,” said Bill Hennessey, president of ALIO.