ATS Automation acquires Transformix Engineering for $10M

Monday December 10, 2018
Written 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.

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.

Add comment


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.