Adept Technology announced July 17 that it has agreed to acquire a controlling interest in privately held MetaControls Technologies (Morrisville, N.C.) in a common stock transaction. "Combining the Meta product line with Adept's software and controls has already resulted in proposal activity to address the complete controls needs of targeted major OEM customers," says B...
Adept Technology announced July 17 that it has agreed to acquire a controlling interest in privately held MetaControls Technologies (Morrisville, N.C.) in a common stock transaction. “Combining the Meta product line with Adept’s software and controls has already resulted in proposal activity to address the complete controls needs of targeted major OEM customers,” says Brian Carlisle, Adept’s chairman and ceo. “The proposed acquisition would extend Adept’s product line to include low-cost, low-power FireWire controllers and cameras, allowing us to address the extremely cost competitive, but rapidly growing, motion control market in China.”
