Japan’s Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push
Japanese manufacturer Omron has announced its intent to acquire US industrial PC firm Onlogic and its parent company, Interlogic, for a sum of $675 million. The acquisition aims to bolster Omron's physical artificial intelligence (AI) capabilities within its industrial automation division, according to a news release from the company.
Onlogic is a developer, manufacturer, and seller of industrial PCs. By merging its high-precision control technology with Omron's, the acquisition is expected to expand Omron's physical AI platforms and broaden its customer base in the US market. The parent company of Onlogic, Interlogic, will become a wholly-owned subsidiary of Omron, while Onlogic will continue to operate independently, retaining its brand and the current management team.
In May, a US-based subsidiary of Omron, Omron Robotics, signed a collaboration agreement with Italian automation company Comau to develop automation services for industrial manufacturing. Omron's shares remained relatively stable in morning trading in Tokyo, showing only a slight decline of around 2.2% compared to the benchmark Nikkei 225 index.
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Also reported by 3 other outlets
- Japanese manufacturer Omron says it will acquire US industrial PC firm OnLogic and its parent company, Interlogic, for $675M, to boost its "physical AI" efforts (Anton Bridge/Reuters) reuters.com
- Japan's Omron to buy US industrial PC firm Onlogic for $675 million in physical AI push channelnewsasia.com
- Japan's Omron to buy US-based OnLogic for $675m in physical AI push asia.nikkei.com