Servotronix Motion Control
Servo Drives and Components
Startup Acquired Industrial Technologies Est. 1991 Acquired
Total Raised
Undisclosed
Acquired
Last Round
Undisclosed
Team
4
51-200 employees
Confidence
100/100
News
1
articles
About
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.
Classification
Sector
Industrial TechnologiesProcess Automation & Intelligence Systems
Target Customer
Energy, Utilities & Waste ManagementRenewable Energy SystemsWindSolarIndustrial ManufacturingHybrid IndustriesFood & BeveragesIndustrial EquipmentMachineryDiscrete IndustriesSemiconductors & ElectronicsPrintingCommerce & RetailConsumer GoodsTextileHealthcare & Life SciencesMedical Devices IndustryMedical Equipment
Business Model
B2B
Tags
machineryroboticsautomationmotion-controlmanufacturingmotion-controlindustry-4.0manufacturing-facilitiessoftware-applicationselectronic-manufacturing
Funding & Events
Feb 2017
Exit $170M
News (1)
Feb 12, 2017 · www.globes.co.il
growth-positive
China's Midea buys Israeli co Servotronix
Acquisition
Details
Product Stage
Released
Employees
51-200
Exact Count
88
District
Center District
Founded
1991
Registrar
511638538
Crunchbase
servotronix
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
Links
Website
LinkedIn
Twitter
Facebook
Admin
Last Update
Mar 7, 2024
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
funding rounds, markets
Team (4)
Udi Klasdi
VP R&D
Einav Siyahoo
Head of HR
Oded Tirza
Chiarman
Sandra Bell
Strategic Accounts