Adept Technology completes acquisition of MetaControls Technologies

San Jose, CA - Adept Technology Inc. announced September 13 that it has completed the acquisition of a controlling interest in MetaControls Technologies Inc. (Meta, Morrisville, NC) in a common stock transaction.

09/16/2002


San Jose, CA - Adept Technology Inc . announced September 13 that it has completed the acquisition of a controlling interest in MetaControls Technologies Inc. (Meta, Morrisville, NC) in a common stock transaction.

The acquisition of Meta extends Adept's product line to include low cost, low power, FireWire based controllers and cameras allowing the company to address extremely cost competitive motion control applications including those in the rapidly growing market in China. Meta provides Adept with a line of sub-compact motion controllers / motor drivers and machine vision cameras that are networked together via the IEEE1394 (FireWire) high-speed bus. The Meta product line plugs directly into the Adept control architecture and provides miniature amplifiers and control for precision machinery. It can also plug directly into a PC for simple applications, eliminating motion control boards and a significant amount of cabling, which traditionally has been a major source of after-market maintenance, service, and cost issues for manufacturers.

Adept Technology designs, manufactures, and markets factory automation components and systems for the fiber optic, telecommunications, semiconductor, automotive, food, and durable goods industries throughout the world. Adept's robots, controllers, and software products are used for small parts assembly, material handling, and ultra precision process applications.


Control Engineering Daily News Desk
Gary A. Mintchell, senior editor
gmintchell@reedbusiness.com





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