Rockwell Automation Completes Acquisition of Anorad Corporation
6 November 1998
Rockwell Automation Completes Acquisition of Anorad CorporationStrategic Move Makes Rockwell Automation World Leader in Linear Motor Technology and Systems MILWAUKEE, Nov. 5 -- Automation leader Rockwell Automation, a business of Rockwell , announced today it has completed the acquisition of Anorad Corporation of Hauppauge, N.Y., the world leader in linear motor-based precision positioning equipment. Acquiring Anorad immediately positions Rockwell Automation as the global market share leader in linear motor technology, which is emerging as an optimal choice in automated linear manufacturing applications, replacing traditional rotary motors. Rockwell Automation announced on Sept. 8, 1998, its intent to purchase Anorad. Terms of the agreement were not disclosed. Anorad joins Rockwell Automation's Motion and Information Group, headed by John McDermott, senior vice president, and will remain in its Hauppauge headquarters, led by Amir Chitayat, president. Anorad will continue to sell its linear motor components and systems through its current sales channels. Anwar Chitayat, Anorad's chief executive officer, has been named vice president and chief technical officer of Rockwell Automation's Motion and Information Group. Work is already underway to leverage the competencies of both organizations to develop new opportunities in positioning and motion control systems that incorporate linear motor technology. Rockwell Automation brings together leading brands in industrial automation, including Allen-Bradley controls, Reliance Electric power transmission products, Dodge mechanical power transmission components, and Rockwell Software. Rockwell Automation's unique, flexible approach to helping customers achieve a competitive advantage is supported by thousands of authorized partners, distributors and system integrators around the world. For more information about Rockwell Automation products and services, point your Web browser to http://www.automation.rockwell.com Rockwell is a global electronic controls and communications company with leadership positions in industrial automation, avionics and communications, and electronic commerce. In late June, Rockwell announced that it planned to spin off to shareowners its Semiconductor Systems business at calendar year end. Rockwell's continuing businesses had fiscal 1998 sales of approximately $7 billion and 41,000 employees.