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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Wed., Apr. 24, 9:53 PM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #82. Rockwell Automation Jacobs Automation

Acquirer: Rockwell Automation (NYSE:ROK)
Acquiree: Jacobs Automation
Details: Rockwell Automation (NYSE:ROK) today announced that it has agreed to purchase Jacobs Automation, the leader in intelligent track motion control technology. Jacobs Automation provides a motion control solution called the iTRAK System. This technology improves performance across a wide range of packaging, material handling, and other applications for the global machine builder market.

Rockwell Automation is a provider of industrial automation and digital transformation. Co. has three operating segments: Intelligent Devices, Software and Control, and Lifecycle Services. The Intelligent Devices segment includes drives, motion, safety, sensing, industrial components, and configured-to-order products. The Software and Control segment includes control and visualization software and hardware, information software, and network and security infrastructure. The Lifecycle Services segment includes consulting, other services and solutions, connected services, and maintenance services, as well as the Sensia joint venture.

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Company Name:  Rockwell Automation, Inc.
Stock buyback:  ROK buyback
Website:  www.rockwellautomation.com
Sector:  Electronic Equipment & Products
Number of ETFs Holding ROK:  108
Total Market Value Held by ETFs:  $5.26B
Total Market Capitalization:  $31.34B
% of Market Cap. Held by ETFs:  16.78%
 

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April 24, 2024    9:53 PM Eastern
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Hold (2.21 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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ROK Stock Forecast

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