Rockwell to buy Pavilion Technologies
Thursday October 25, 10:17 am ET
Rockwell Automation Inc. has agreed to buy Pavilion Technologies Inc., a privately held company that provides advanced process control, production optimization and environmental compliance products for process and hybrid industries.
Terms of the transaction were not disclosed.
Pavilion Technologies, based in Austin, Texas, serves major customers in consumer products, oil and gas, chemicals and other process industries.
The acquisition expands Rockwell's process automation business and broadens its capabilities to serve the global market, said Steven Eisenbrown, senior vice president of the architecture and software segment of Milwaukee-based Rockwell Automation (NYSE: ROK - News), a provider of industrial automation systems and controls.
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