The Drives & Motion Division of Yaskawa America, Inc. announces that Yaskawa Electric Corporation (“YASKAWA”) has signed an agreement between its European subsidiary, YASKAWA Europe GmbH (“YEU”) based in Eschborn, Germany, and VIPA Gesellschaft für Visualisierung und Prozessautomatisierung mbH (“VIPA”), based in Herzogenaurach, Germany, whereby YEU will acquire a majority of the shares of VIPA.
With the integration of VIPA into the YEU organization, YASKAWA is implementing its plan to complete its product portfolio to become a ‘Total Solution Provider’. A combination of VIPA’s product portfolio of PLCs, I/O modules and HMI, with YASKAWA’s inverter, AC servo and robot product lines, will enable YASKAWA to offer a comprehensive automation solution portfolio for a diverse set of markets.
The closing of the transaction is subject to customary merger control clearance by the relevant competition authorities.
Yaskawa
www.yaskawa.com
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