Servotronix Motion Control

Servotronix Motion Control Overview

Servotronix Motion Control develops and manufactures servo drives, motors, and controllers for standard and customized automation solutions. The company has developed several generations of servo drive families and motion control solutions tailored to customer needs. Its products are designed to meet the form, fit, functionality, and cost specifications of a wide range of applications and industries, including industrial robotics, CNC and machine tool, display and solar, electronic assembly, renewable energy, semiconductors, and medical. The Servotronix development center will continue to operate in Israel after its acquisition by Midea Group.

Latest News

Feb 12, 2017 · www.globes.co.il

growth-positive

China's Midea buys Israeli co Servotronix

Chinese electronics giant Midea Group has acquired control of Israeli company Servotronix at a company value of $170 million. Servotronix develops automation solutions focused on motion control for various industries. The acquisition will allow Servotronix to deepen its strategic cooperation with Midea and expand its operations globally. Midea sees the acquisition as a milestone in its expansion into industrial automation and intelligent manufacturing. Servotronix will continue to operate with its development center in Petah Tikva. The exact controlling interest acquired by Midea is unclear, but the CEO and another founder are expected to sell their stakes in the company.

Acquisition

Funding

Team Members

4

Employees: 51-200

Web & Social Links

Locations

Yegi'a Kapayim Street 21c, Petah Tikva, Israel

Heungan-daero, Dongan-gu, Anyang, Gyeonggi-do, South Korea

2899 Guangfu West Road, Putuo District, Shanghai, China, 200062

Dlkener Strae 5, Nettetal, Germany

15 Keyuan Road, Nanshan District, Shenzhen, Guangdong, China

707 Augusta Drive, North Aurora, IL, USA

Photos & Videos

1 item(s)

Servotronix Motion Control Internal

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