Rockwell Automation is to acquire the safety and automation business of Cedes, the Swiss-based maker of safety and measuring light curtains, as well as other safety and non-safety optoelectronics, control units and related accessories for industrial applications.
The Cedes safety and automation business is based in Landquart, Switzerland with sales offices primarily across Europe. The business acquired includes products, technology, development engineering, marketing, sales and distribution.
Subject to satisfaction of customary closing conditions, Rockwell Automation expects the transaction to be completed early in the second calendar quarter of 2008.
After the acquisition is complete, customers can continue to purchase products through the current distribution network of Cedes' safety and automation business. As products become available under the Allen-Bradley brand, customers will also be able to purchase them through the Rockwell Automation distribution network.
Cedes' Safety and Automation business will be included in Rockwell's architecture and software business group.
Terms of the transaction were not disclosed.