Kollmorgen buying New England Affiliated Technologies
To give it complete positioning systems capability, Kollmorgen Corp. agreed April 26 to purchase 25-year-old New England Affiliated Technologies (NEAT, Lawrence, Mass.). With 1998's sales of $13 million, NEAT's 100 employees design and produce single-axis stages, x-y tables, integrated workstations, and air-bearing slides.
To give it complete positioning systems capability, Kollmorgen Corp. agreed April 26 to purchase 25-year-old New England Affiliated Technologies (NEAT, Lawrence, Mass.). With 1998’s sales of $13 million, NEAT’s 100 employees design and produce single-axis stages, x-y tables, integrated workstations, and air-bearing slides. “NEAT serves the next rung up the value ladder. They have the application experience and skills to combine our motors, drives, and servo systems with tables, slides, and workstations into precise positioning systems, especially in the field of linear motion control,” says Gideon Argov, Kollmorgen’s chairman and ceo.
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our WTWH Media editorial team and getting the recognition you and your company deserve. Click here to start this process.