Acquisition of Microscan Systems, Inc. from Spectris plc
Baird served as the exclusive financial advisor to OMRON Corporation on this transaction
AboutOMRON Corporation (“OMRON”) (TSE:6645) recently completed its acquisition of Microscan Systems, Inc. (“Microscan”), a business owned by Spectris plc (“Spectris”) (LSE:SXS), for $157 million.
OMRON is a global leader in the field of automation based on its core technology of “Sensing & Control + Think.” OMRON’s business fields cover a broad spectrum, ranging from industrial automation and electronic components to automotive electronics, social infrastructure systems, healthcare and environmental solutions. In the field of industrial automation, OMRON supports manufacturing innovation by providing advanced automation technology and products, as well as through extensive customer support. OMRON is based in Kyoto, Japan.
Microscan is a global leader in barcode reading, machine vision and verification technology serving a wide range of automation and OEM applications. Founded in 1982, Microscan has a strong history of technology innovation that includes the invention of the first laser diode barcode scanner and the Data Matrix symbology. Today, Microscan remains a leader in automatic identification and inspection with extensive solutions ranging from barcode reading, tracking and traceability to complex machine vision measurement, guidance, barcode verification and print quality grading. Microscan is based in Renton, Washington.
Spectris is a leading supplier of productivity-enhancing instrumentation and controls. Spectris’ products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Spectris’ global customer base spans a diverse range of end user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Spectris is based in Egham, Surrey, the United Kingdom.
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- October 2017
- OMRON Corporation
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