OMRON Corporation has entered into an agreement with Sentech Co., Ltd., a manufacturer of industrial cameras, to acquire ST and make ST and its subsidiaries members of the OMRON Group.
This acquisition is part of OMRON’s drive to reinforce its development capabilities for factory automation technologies in its industrial automation business. This acquisition will be completed on July 3, 2017 and the name of the new company is intended to be Omron Sentech Co., Ltd.
As a leading manufacturer specializing in industrial cameras, ST develops machine vision systems for industrial applications, as well as cameras for various medical and laboratory applications, and markets them globally. ST offers a comprehensive range of industrial cameras, including more than 200 models, developed through its advanced camera design technology that enables compact design, high speed, and superb image quality.
With ST joining its group, OMRON will acquire ultra-compact high-resolution cameras, along with related design and development technologies. By combining OMRON’s image processing controllers with ST’s technologies and products, which have not been available at OMRON until now, OMRON will be able to further strengthen its business. By combining OMRON’s various industrial robots and quality inspection systems with ST’s cameras, it will become possible to integrate these advanced cameras into any stage of manufacturing, from processing and assembly to inspection. This will enable exchange of image data between many different processes. In this way, OMRON will aim to realize innovative manufacturing environments with significantly enhanced quality and productivity.
Jones Day is advising OMRON Corporation on the deal with a team led by Stephen DeCosse.
Involved fees earner: Stephen DeCosse – Jones Day;
Law Firms: Jones Day;
Clients: OMRON Corporation;