Rockwell Automation Acquires MESTECH Services
Rockwell Automation has now announced that it has acquired
the MESTECH services, a Pune (India) based manufacturing IT consulting and IoT
firm.
MESTECH Services, which is founded in 2008, has been
headquartered in Pune, India with operations in the US and Germany.
The company caters to the needs of Industry 4.0,
Industrial Internet of Things (IIoT), Digital and Smart Manufacturing, with its
specialization in the Automotive, Discrete Verticals, Process, and life
Sciences.
Executive Opinion
Vice President and General Manager,
Systems & Solutions Business, Rockwell Automation, Matthew Fordenwalt, said, "The
acquisition of MESTECH expands our capabilities to profitably grow Information
Solutions and Connected Services globally and accelerate Rockwell’s ability to
help our customers execute digital transformation initiatives. India is one of
Rockwell’s fastest-growing markets and MESTECH’s footprint and expertise will
enable us to implement solutions faster, helping our customers increase their
connectivity, efficiency, and productivity. At the same time, by joining the
Rockwell family, MESTECH will be able to leverage Rockwell’s products and
solutions in the areas of control, process, power information solutions and
industrial IoT, including FactoryTalk Innovation Suite, powered by PTC, in
order to help customers, develop the best possible solutions while minimizing
risk."
Managing Director, at MESTECH, Yatin Sankholkar, said, "We
are excited about our future with Rockwell Automation, which will enable us to
help more customers simplify their industrial transformations and accelerate
their production timelines. Over the past decade, we have grown MESTECH into
one of the world’s leading manufacturing execution service providers, with a
focus on Technology Consulting and Software Implementation for managing
manufacturing operations. By joining forces with Rockwell, we will be able to
expand our market access and offer more customers the benefit of our strong
industry expertise."
Rockwell Automation and MESTECH
The acquisition helps Rockwell expand consulting and systems integration capabilities in one of the fastest-growing Industrial Transformation Market.
In August this year, Rockwell revealed that it would help partner manufacturers in India to bridge Industry 4.0 skill gaps for their workforce. It will impart e-learning, certificate programs, instructor-led courses, and training workstations.
In August this year, Rockwell revealed that it would help partner manufacturers in India to bridge Industry 4.0 skill gaps for their workforce. It will impart e-learning, certificate programs, instructor-led courses, and training workstations.
At the same point of time, by joining the Rockwell family,
MESTECH will also be able to use the Rockwell products and solution in the
areas of control, power information and control solutions, Industrial IOT which
includes the FactoryTalk Innovative Suit supported by the PTC, to help
the customers to develop the best possible solutions while minimizing risks, notes the announcement.
The acquisition transaction is not even expected to have a material impact on the Rockwell 2020 financial results, the announcement says.
PC: Pablo, Unsplash
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Udit Agarwal
Opinions expressed by techsutram contributors are their own. More details
Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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