Kollmorgen acquires Magnedyne

Kollmorgen Corp. announced July 7 that it has purchased Sierracin Corp.'s Magnedyne division. Kollmorgen expects the purchase to show in earnings this year. Terms were not disclosed.Magnedyne has a 30-year history of designing and producing high-performance dc motors and drives.

By Staff August 1, 1998

Kollmorgen Corp. announced July 7 that it has purchased Sierracin Corp.’s Magnedyne division. Kollmorgen expects the purchase to show in earnings this year. Terms were not disclosed.

Magnedyne has a 30-year history of designing and producing high-performance dc motors and drives. The acquisition is expected to strengthen Kollmorgen’s motion control product offerings for a variety of customer applications.