Ad
Ad
Ad
© mikael damkier dreamstime.com Business | October 26, 2015

Omron completes acquisition of Adept Technology

Omron Corporation has completed its acquisition of Adept Technology, a provider of intelligent robots, autonomous mobile robot solutions and services.
Under the terms of the previously announced transaction, Omron's U.S. subsidiary is acquiring Adept through an all cash tender offer followed by a second-step merger. The tender offer commenced on September 23, 2015 and expired at 5:00 p.m. New York City time on October 22, 2015. Approximately 83.32% of all issued and outstanding shares of Adept common stock were tendered into the offer and accepted for purchase by Omron's United States subsidiary.

Effective immediately, Omron's United States subsidiary completed the second-step merger, making Adept a consolidated subsidiary of Omron.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
March 25 2017 3:01 PM V8.0.2-2