Rockwell Automation Acquires CNC Technology

December 12, 2002 by Jeff Shepard

Rockwell Automation Inc. (Milwaukee, WI) announced that it has acquired certain intellectual property associated with Power Automation GmbH's (Pleidelsheim, Germany) software-based CNC Technology for $5.0 million. The intellectual property will be used to provide CNC motion solutions focused on powertrain applications for the automotive industry, which will be delivered through Rockwell Automation's Global Manufacturing Solutions business.