Rockwell Automation Inc,. a Fortune 500 organization that will make know-how for industrial firms these types of as producers, is acquiring software package supplier Plex Methods Inc. in a $2.2 billion all-cash transaction.
The deal will be financed with a mix of money on hand and financial debt, Rockwell Automation disclosed in the acquisition announcement these days. Plex Units is currently owned by private fairness business Francisco Associates.
Milwaukee-dependent Rockwell Automation sells a variety of industrial components products together with sensors, motors and specialised desktops for controlling the gear in production traces. The firm also gives software package that allows