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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.

For manufacturers and 5G, it’s still ‘early days’

Although the first iteration of 5G technology has offered limited use cases in manufacturing, the next two generations, now expected to be available in the fall of this year and then the fall of next year because of COVID-19-related delays, will help factory owners achieve greater digital transformation of their factories.