Rockwell Automation Acquires Clearpath Robotics
MILWAUKEE, Sept. 25, 2023 — Rockwell Automation Inc. signed a definitive agreement to acquire Clearpath Robotics Inc., an Ontario-based developer of autonomous robotics for industrial applications. Beyond helping to expand Rockwell’s portfolio in autonomous mobile robots (AMRs), the move bolsters its software-based services, particularly with the addition of Clearpath’s OTTO Motors division, Rockwell said, as the division offers fleet management and navigation software in addition to AMRs.
Further, combined with Rockwell’s continuing partnerships in fixed robotic arms, solutions for independent cart technology, and leadership in programmable logic controllers, the addition of OTTO Motors’ AMR capabilities will create a complete portfolio of advanced material handling solutions, Rockwell said.
According to Interact Analysis, the market for AMRs in manufacturing is expected to grow about 30% per year over the next five years, with an estimated market size of $6.2 billion by 2027.
Upon completion of the acquisition, Clearpath will report to Rockwell’s Intelligent Devices operating segment.
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Published: September 2023
Glossary
- machine vision
- Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data.
Key aspects of machine vision include:
Image acquisition: Machine vision systems use various...
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