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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.

The Diversification Crisis in Manufacturing

According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.

The State of Smart

Pandemic moves digitization to front burner; software enables connection to legacy equipment.