Rockwell Automation to acquire CUBIC
Rockwell Automation has acquired CUBIC, a company that specialises in modular systems for the construction of electrical panels. CUBIC, founded in 1973, serves fast-growing industries such as renewable energy, data centres and infrastructure. It is headquartered in Bronderslev, Denmark.
CUBIC’s flexible modular systems combined with Rockwell’s intelligent devices and industry expertise should benefit customers by offering faster time to market, enabling broader plant-wide applications for intelligent motor control and generating smart data to increase sustainability and productivity.
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CUBIC’s established partner model will allow Rockwell to build an expanded Partner Network for intelligent motor control offerings in Asia, Europe and Latin America. The company will bring new customers and partners in hybrid and process industries. Additionally, CUBIC will broaden Rockwell’s market access in renewable energy and data centre solutions.
“CUBIC’s innovative motor control solutions strengthen our portfolio of leading intelligent motor control technologies,” Rockwell vice president and general manager, power control business, Bob Buttermore says.
“We are pleased to welcome a talented team with specialised expertise in structural design, power systems and global standards.”
CUBIC chief executive Jacob Moller Knudsen says that joining Rockwell will help the company to expand its relationships and accelerate our global growth: “This is a perfect match that will allow us to offer our customers the best solutions going forward.”
At close, CUBIC will report to Rockwell’s Power Control Business in the Intelligent Devices operating segment.
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