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Allied Motion Acquires ORMEC, Expands Motion System Capabilities

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AMHERST, N.Y., Nov. 3, 2021 — Allied Motion, a designer and manufacturer of precision motion products, has acquired ORMEC Systems Corp. ORMEC develops and manufactures electro-mechanical automation solutions and motion control products, including multi-axis controls, actuators for the automation and aerospace industries, and servo-control and servo-positioning systems. Terms of the deal were not disclosed. “ORMEC is an excellent bolt-on acquisition that strengthens our technical expertise and adds a higher level of precision motion control systems and solutions to our offerings,” said Dick Warzala,...Read full article

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    Published: November 2021
    Glossary
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