Roboteq becomes a Nidec subsidiary through 90% acquisition
Nidec completed its acquisition of 90% of Roboteq, making the motor-controller specialist a consolidated subsidiary.
Why it matters
Nidec completed the acquisition of 90 percent ownership of Roboteq, a U.S. designer of ultra-low-voltage drives used in AGV and mobile-robot markets.
Evidence notes
- Nidec acquired 90% ownership through Nidec Motor Corporation, making Roboteq a consolidated subsidiary.
- Nidec said Roboteq added ultra-low-voltage drives, navigation sensors and power-management technology to its AGV offering.
- The transaction disclosure reported 20 employees and 2018 sales of $7.1 million, with 2019 sales estimated at $9.4 million.
Company context
Roboteq supplies motor controllers and drive electronics for AGVs, mobile robots and machine-control applications. Its dual-channel drive architecture targets coordinated motion for wheeled mobile robots.