Schneider Electrical Movement rebrands as Novanta IMS



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After formally buying Schneider Electrical Movement, Novanta is renaming the corporate. Schneider Electrical Movement is now often called Novanta IMS. Novanta acquired Schneider Electrical Movement for $115 million in money in August 2021.
Novanta is a number one know-how companion to medical and superior tools producers. As a producer of movement management elements for automation tools, Novanta IMS is a pacesetter in brushless motor know-how, built-in motor drives and digital controls.
“Novanta IMS is a superb strategic acquisition as a result of it helps us develop into computerized and robotic functions via superior movement management options,” stated Matthijs Glastra, Chief Govt Officer and Chairperson of Novanta. “It’s additionally growing alternatives for us in Life Sciences and Medical finish markets and broadening our entry to stylish automation integrators.
“Novanta IMS enhances our capabilities in these quickly evolving markets, offering much more methods for us to serve our prospects with distinctive, progressive, high-performance options,” Glastra added.
Novanta IMS was based 35 years in the past and was recognized on the time as Clever Movement Methods (IMS). The enterprise develops options for functions demanding extremely exact, managed motion in areas together with medical devices, lab automation, robotics and different superior manufacturing functions. It has about 60 workers and is headquartered in Marlborough, Conn.
“We’ve been dedicated to creating progressive movement management options since we have been based in 1986 as Clever Movement Methods, so our new title Novanta IMS is a nod to our roots,” stated Eric Klein, Basic Supervisor at Novanta IMS. “We’re trying ahead to sustaining the identical stage of constant assist and high-quality merchandise below our new possession as we’ve for practically 40 years.”
Novanta IMS will work intently with Celera Movement, a number one supplier of movement management elements and subsystems for OEMs serving quite a lot of medical and superior industrial markets.
“We’re excited to collaborate with the extremely proficient staff at Novanta IMS,” stated Kalpana Singh, President & Basic Supervisor of Celera Movement. “The staff’s intensive experience and expertise are main belongings in serving to us broaden our attain into new markets.”
Lower than one week after saying it’s acquisition of Schneider Electrical Movement, Novanta introduced its acquisition of ATI Industrial Automation for $172 million in money. The worth might enhance if ATI hits sure monetary targets in 2021. The acquisition is predicted to shut in Q3 2021.