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Rockwell Automation Acquires SoftSwitching Technologies, a Leading Provider of Industrial Power Quality Detection and Protection Systems
Dépèche transmise le 12 mars 2012 par Business Wire
Rockwell Automation Acquires SoftSwitching Technologies, a Leading Provider of Industrial Power Quality Detection and Protection Systems
MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK) today announced it has purchased the assets of SoftSwitching Technologies, a leading provider of industrial power quality detection and protection systems, located in Middleton, Wis.
“This acquisition provides the necessary resources to extend all SoftSwitching Technologies’ unique technologies into many more applications through the Rockwell Automation global channels network”
SoftSwitching Technologies’ solutions improve uptime in manufacturing production by identifying and correcting brief power disruptions called “voltage sags.” Typically, voltage sags can cause computerized machinery to go off-line, precision instruments to fail, and control systems to shut down. These problems can be extremely costly for customers, particularly in the semiconductor, automotive, food, beverage and pharmaceutical industries.
“Brief power disruptions account for up to 70 percent of all unscheduled downtime in manufacturing today,” said Bob Lennon, vice president of industrial components. “Studies show that most of these events are caused by voltage sags lasting less than two seconds. SoftSwitching Technologies’ products strengthen our capabilities in plant-wide optimization, complement our current power quality solutions and protect our customers’ manufacturing assets.”
SoftSwitching Technologies’ battery-free, environmentally friendly products provide cost and performance advantages over battery-based, three-phase uninterruptible power supplies or constant voltage transformers. The global, centralized intelligent network system also provides power grid alerts so manufacturers can monitor activity and correlate power quality events with unscheduled downtime, saving hours of guesswork and mechanical diagnostics.
“This acquisition provides the necessary resources to extend all SoftSwitching Technologies’ unique technologies into many more applications through the Rockwell Automation global channels network,” said Jason Doescher, SoftSwitching Technologies’ chief financial officer.
SoftSwitching Technologies will be aligned within the Rockwell Automation Control Products & Solutions operating segment. Terms of the deal were not disclosed.
Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and information, makes its customers more productive and the world more sustainable. Headquartered in Milwaukee, Wis., Rockwell Automation employs over 21,000 people serving customers in more than 80 countries.
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