Robotic Workspace Technologies approves acquisition by Innova

Fort Myers, FL—Innova Holdings Inc. and Robotic Workspace Technologies Inc. (RWT) report that RWT’s shareholders have approved its acquisition by Innova.


Fort Myers, FL— Innova Holdings Inc. and Robotic Workspace Technologies Inc. (RWT) report that RWT’s shareholders have approved its acquisition by Innova. The directors of both companies have also approved the purchase. The deal also closed recently.

“We look forward to launching a series of new commercial initiatives, given the support of our RWT shareholders in approving our board's recommendation to bring RWT and Innova together. We are dedicated to making this a success,'' said Walter Weisel, RWT's founder, who became Innova’s chairman and CEO at the closing.

RWT's products and services are built around two U.S.-issued patents with international filings, numerous trademarks, and intellectual property, including its Universal Robot Controller (URC) and RobotScript programming software. The company's products transform the way robots and automated equipment are programmed, operated, and upgraded. RWT's solutions and licensed technologies assist many applications in Fortune 500-sized companies. These products operate in pharmaceutical, automotive, aerospace, military, and government lab applications.

Control Engineering Daily News Desk
Jim Montague, news editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me