Novanta Completes Acquisition Of Motion Solutions

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Novanta, which is traded on the Nasdaq as NOVT, has completed the purchase of Motion Solutions, a company that supplies precision motion subsystems and components to high-end original equipment manufacturers, particularly those in the medical and life sciences industries. Motion Solutions' reputation for high-precision capabilities and their shared dedication to innovation and customer-centric solutions were emphasized by Novanta's Chair and CEO, Matthijs Glastra, as examples of the firms' synergy.

Novanta will be well-positioned to profit from the acquisition to take advantage of Motion Solutions' significant market share in the growing precision medicine space. As stated by Glastra, the action has strengthened Novanta's position in this growing market and may open doors for the company to develop intelligent subsystems through the utilization of pooled technology resources.

Known for its inventiveness in robotics, automation, medical solutions, manufacturing, and precision medicine, Novanta takes great satisfaction in providing OEMs in the medical and industrial sectors with a competitive advantage through the ...
... delivery of state-of-the-art technology. The foundation of their expansion plan is their proficiency in designing core parts and subsystems that are adapted to the strict requirements of clients.

Attributing their success to a shared dedication to innovation and customer satisfaction, Glastra emphasized the value of Novanta's outstanding personnel. As a reliable technological partner for OEMs worldwide, the company is distinguished by its dedication to resolving intricate technical problems and its profound knowledge of precision medicine and manufacturing.

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