Japan-based automation company Omron said it will acquire OnLogic and its parent company InterLogic to help power its push for physical AI in manufacturing.
Omron is buying the Vermont-based firm or $675 million through a reverse triangular merger between InterLogic and a U.S. subsidiary to be established by the company.
Omron said it OnLogic has a customer base spanning a range of industries, with more than 90% of its sales generated in the Americas and Europe. The companies intend to jointly develop manufacturing-site digital transformation and physical AI solutions combining the Omron's sensing and robotics equipment with OnLogic's industrial PCs.
“This acquisition is an important step in advancing our SF2030 vision and our evolution toward GEMBA DX. North America is a key growth market for OMRON, and this investment strengthens our foundation there while building the capabilities our customers will increasingly need,” said Omron CEO Junta Tsujinaga in a statement. “OnLogic’s industrial computing expertise, flexibility and strong customer relationships complement our strengths in automation and control. Together, we see an opportunity to create new value for customers as manufacturing becomes more connected, data-driven and intelligent.”
"We built OnLogic to help engineers and innovators solve tough technology challenges by making custom, rugged hardware easy to configure, build, and deploy,” said OnLogic CEO Sean Larkin in a statement. “Joining Omron provides the global scale, supply chain depth, and capital resources to accelerate our product roadmaps while preserving our culture, direct sales approach, and operations around the world. Together, we are giving our customers the tools they need to deploy physical AI with confidence."
Following the acquisition, OnLogic will continue to operate as an independent business within Omron's group, retaining its direct-to-customer sales model and the OnLogic brand.
The current management team, including Larkin, is expected to remain in place. The company will support OnLogic’s further growth by leveraging its business platform in Asia and expertise in the factory automation control equipment business.
