Archive for Acquisition

Why Did Schneider Electric Acquire nxtControl?

Last month industry giant Schneider Electric agreed to acquire the venture firm nxtControl. Based in Leobersdorf, Austria, nxtControl develops control software design/deployment products that use the IEC 61499 and IEC 61131 standards. nxtControl had just celebrated its 10th birthday as a company, being founded in 2007 by refugees from the acquisition of an earlier startup […]

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Komatsu Goes Underground with Joy Global Mining Acquisition

If you haven’t heard, the Japanese mining equipment manufacturer, Komatsu, has just announced their agreement to acquire U.S. based Joy Global. Once the deal is consummated this expands Komatsu’s footprint from primarily surface level mining equipment to underground mining operations. No intent is made here to analyze the deal on the financial merits. However, the […]

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A Different Take on Cisco’s Acquisition of Jasper

By ARC Vice President, Chantal Polsonetti:  Cisco’s announcement of their intent to acquire Internet of Things (IoT) service enablement supplier Jasper is the latest in an ongoing series of acquisitions within the IoT space.  The $1.4 billion dollar price tag for one of the first IoT companies to reach a $1 billion valuation is news […]

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