Siemens to Acquire Industrial Drive Technology Business of ebm-papst

Siemens to Acquire Industrial Drive Technology Business of ebm-papst
IDT products are intelligent, integrated mechatronic systems, which support the automation and digitalization of production processes. This acquisition will be a strong addition to the Siemens Xcelerator portfolio. Through their use in mobile robots and driverless transport vehicles as well as in the automation of auxiliary processes, such as the retooling of modern production machines, they are an important lever for greater flexibility and productivity. For this reason, high market growth is expected in this market segment.