Nidec, believed to be the world’s leading supplier of components for industrial robots, has completed the acquisition of 90 per cent ownership of Roboteq, a US-based designer of ultra-low voltage drives.
As a result of the transaction, Roboteq became a consolidated subsidiary of Nidec.
Nidec says the acquisition strengthens its presence in some key future growth drivers, including robotization. Nidec says it is aiming to become a global leader in these markets. [Read more…] about Nidec completes acquisition of Roboteq