Automation Tooling Systems, an industrial automation solutions provider, says it has acquired “substantially all” of the intellectual property assets of Transformix Engineering.
Transformix’s CNCAssembly system, based on its patented Rapid Speed Matching technology, provides a method of linking and synchronizing the movements of devices and tooling to enable faster and more efficient assembly systems.
This enhanced capability is expected to provide higher speed, lower cost, energy efficient and more flexible assembly solutions for ATS’ customers, while utilizing a smaller footprint. [Read more…] about ATS acquires intellectual property assets of Transformix for $10 million