OMRON to Acquire OnLogic for $675 Million to Enhance Edge AI Solutions
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OMRON Corp. has announced its agreement to acquire OnLogic for $675 million, aiming to integrate its automation capabilities with OnLogic's industrial computing expertise. This acquisition is part of OMRON's strategy to advance its SF2030 vision and enhance its presence in the North American market, which is vital for its growth.
The merger will leverage OnLogic’s strengths in configurable, AI-capable computing systems, which are essential for real-time automation and control in manufacturing. OMRON's president, Junta Tsujinaga, emphasized the potential for creating new value for customers as the industry shifts towards more connected and intelligent manufacturing processes.
OnLogic will continue to operate independently within the OMRON Group, maintaining its headquarters in Vermont and its global offices. The management team, led by CEO Sean Larkin, will remain in place to ensure continuity in operations and strategic growth, focusing on delivering reliable computing solutions for complex applications at the edge.
Original report
OMRON to acquire OnLogic to address edge AI applications
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