Servotronix Motion Control

Company Overview

Snapshot

Founded in December 1991, Servotronix Motion Control operates with 51–200 employees. The company was acquired by Midea Group in February 2017, a strategic move that valued Servotronix at $170 million.

Business overview

Servotronix Motion Control develops and manufactures advanced servo drives, motors, and controllers, providing both standard and customized automation solutions. Their product portfolio is designed to meet specific form, fit, functionality, and cost requirements across diverse applications and industries. These include industrial robotics, CNC and machine tools, display and solar technology, electronic assembly, renewable energy, semiconductors, and medical devices. The company operates within the Industrial Technologies sector, focusing on process automation and intelligence systems.

Company Intelligence Q&A

What was the most significant corporate event for Servotronix Motion Control?

Servotronix Motion Control was acquired by Chinese electronics giant Midea Group in February 2017. This acquisition valued the company at $170 million and was seen as a milestone for Midea's expansion into industrial automation and intelligent manufacturing.

What was the strategic rationale behind Midea Group's acquisition of Servotronix Motion Control?

Midea Group's acquisition of Servotronix Motion Control in February 2017 was driven by a strategic intent to deepen its involvement in industrial automation and intelligent manufacturing. The acquisition aimed to leverage Servotronix's expertise in motion control solutions to expand Midea's global operations.

What is the primary focus of Servotronix Motion Control's product development?

Servotronix Motion Control focuses on developing and manufacturing servo drives, motors, and controllers. These products are designed to provide both standard and customized automation solutions tailored to specific customer needs across various industrial applications.

Which industries does Servotronix Motion Control serve with its automation solutions?

Servotronix Motion Control serves a wide range of industries including industrial robotics, CNC and machine tools, display and solar technology, electronic assembly, renewable energy, semiconductors, and medical devices, providing tailored motion control solutions.

Will Servotronix Motion Control's development operations continue after the acquisition?

Yes, following its acquisition by Midea Group in February 2017, Servotronix Motion Control's development center is expected to continue operating in Israel, maintaining its focus on innovation in motion control technology.