Omron to buy US industrial PC maker OnLogic for $675 million in physical AI push
Japan's Omron said on Tuesday it will buy US industrial PC maker OnLogic and its parent Interlogic for $675 million in cash to build AI platforms for factory automation.
Graphic: TERRA WORLD NEWS (own graphic based on the sources listed)
Japanese automation group Omron said on Tuesday it will acquire US industrial PC maker OnLogic and its parent company, Interlogic, for $675 million in cash. Interlogic will become a wholly owned subsidiary of Omron.
OnLogic will continue to operate independently, keeping its brand, direct-to-customer model and management team led by Chief Executive Sean Larkin. More than 90% of its revenue comes from the Americas and Europe. Omron aims to combine its control, sensing and robotics technology with OnLogic's rugged computers to develop so-called physical AI platforms and expand its US customer base.
Omron shares were roughly flat in Tokyo morning trading, while the Nikkei 225 index fell about 2.2%, Reuters reported.