YASKAWA to acquire majority shares of VIPA
Eschborn, Germany, November 27, 2012 – Yaskawa Electric Corporation (“YASKAWA”) announces the signing of an agreement between its European subsidiary, YASKAWA Europe GmbH (“YEU”) based in Eschborn, Germany, and VIPA Gesellschaft für Visualisierung und Prozessautomatisierung mbH (“VIPA”), based in Herzogenaurach, Germany, whereby YEU will acquire a majority of the shares of VIPA.
With the integration of VIPA into the YEU organization, YASKAWA is implementing its plan to complete its product portfolio with a view to becoming a ‘Total Solution Provider’. A combination of VIPA’s product portfolio of PLCs, I/O modules and HMI, with YASKAWA’s inverter, AC servo and robot product lines, will enable YASKAWA to offer a comprehensive automation solution portfolio for a diverse set of markets.
yaskawa.eu.com:YASKAWA to acquire majority shares of VIPA
vipa.com: YASKAWA to acquire majority shares of VIPA