Just a week after rejecting a takeover offer, Rockwell Automation Inc. has purchased a Scottish technology company.
Rockwell (NYSE: ROK) announced the purchase of Odos Imaging, a three-dimensional “time-of-flight” system developer based in Edinburgh, in a release Friday. The company was founded in 2010 and develops technology that boosts awareness “in and around manufacturing systems,” according to the release. Terms of the transaction were not disclosed.
“This acquisition enables us to build on our portfolio of smart sensing and safety products, an important part of the foundation for The Connected Enterprise,” said Lee Lane, Rockwell’s vice president and general manager for safety, sensing and connectivity business. “It enables us to expand our existing capabilities by bringing 3-D time-of-flight sensor technology to industrial applications.”
As such, Rockwell plans to apply the new technology to its sensing products to “deliver solutions to a broad range of demanding industrial applications.” Those include automotive and general assembly, packaging and material handling, and logistics.