“Plex has always been more than a company,” said Bill Berutti, CEO of Plex.
“Together with the advanced asset maintenance and management capabilities provided by our recent Fiix acquisition, Rockwell will have a strong portfolio of cloud-native solutions for our customers’ production systems upon completion of the Plex acquisition.” “Rockwell believes in the power of data and technology to transform manufacturing and industrial operations,” said Brian Shepherd, senior vice president, Software and Control, for Rockwell Automation. The acquisition will also accelerate our software revenue growth and strengthen our annual recurring revenue streams.” “Combining Plex’s cutting-edge cloud technology with Rockwell’s existing software portfolio and domain expertise will add customer value and create more ways to win. “This acquisition will accelerate our strategy to bring the Connected Enterprise to life, driving faster time to value for our customers as they increasingly adopt cloud solutions to improve resilience, agility, and sustainability in their operations,” said Blake Moret, Chairman and CEO of Rockwell Automation.
and Plex Systems, a cloud-native smart manufacturing platform operating at scale, have announced that Rockwell has entered into an agreement to acquire Plex for $2.22 billion in cash.
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