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Rockwell Automation to Acquire Plex Systems

Rockwell Automation Inc. and Plex Systems, developer of cloud-native smart manufacturing platforms, have entered into an agreement whereby Rockwell will acquire Plex for $2.22 billion in cash.

Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.