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January News in Brief

01 January, 2012

♦  Mitsubishi Electric has acquired the Indian PLC and HMI manufacturer, the Messung Group, for an undisclosed sum. The deal will allow Mitsubishi to accelerate its penetration of the Indian market with the aim of achieving sales worth ¥15bn (£125m) by 2016. Messung, which employs 400 people, has been a Mitsubishi partner for 15 years.

♦  Kinetek, the US designer and manufacturer of motors and controls, has established a business to design and develop AC and other brushless motor products for manufacture around the world. It says the move is to meet a customer demand for alternative suppliers as the motors market consolidates. In 2010, Kinetek bought GE Energy’s commercial refrigeration motors products business.

♦  Teco Middle East has opened the first manufacturing plant for medium- and high-voltage motors in the Middle East. The 34,000m2 plant, in Damman, Saudi Arabia, will produce up to 600 motors per year in ratings from 150–10,000kW. It includes an HV testing facility suitable for motors up to 22MW. Teco ME is a joint venture between Taiwan’s Teco Electric and Machinery and Saudi Arabia’s Al Quraishi Electrical Services, Shoaibi Group and Al Ashjaea.

♦  Siemens is buying RuggedCom, a Canadian supplier of Ethernet communications and networking products for harsh industrial environments, for C$382m (£242m). The move will expand Siemens’ industrial router and switcher portfolio and give it improved access to the North American and Asia-Pacific markets. RuggedCom employs 360 people and has annual revenues worth about $94m (£60m).

♦  Linear Technology Corporation has acquired another US company, Dust Networks, which specialises in low-power wireless sensor network technology. Dust Networks’ radio and software technology is said to complement Linear’s strengths in industrial instrumentation, power management and energy harvesting technology. Dust Networks’ customers include GE and Emerson.




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