Novanta Completes Acquisition Of Motion Solutions

Novanta, a Nasdaq-listed company, recently completed the acquisition of Motion Solutions, a provider of precision motion subsystems and components to top-tier OEMs, particularly in the medical and life sciences sectors. Novanta's Chair and CEO, Matthijs Glastra, emphasized the firms' synergy, underlining Motion Solutions' reputation for high-precision capabilities and their shared dedication to innovation and customer-centric solutions.

The acquisition places Novanta advantageously to benefit on the developing precision medicine market, in which Motion Solutions has a strong presence. Glastra described the move as critical to strengthening Novanta's footprint in this booming market, potentially enabling prospects to create intelligent subsystems by using joint technological strengths.

Novanta, known for its innovative capabilities in precision medicine, manufacturing, medical solutions, robotics, and automation, takes pride in delivering cutting-edge technology that helps original equipment manufacturers (OEMs) in the medical and industrial sectors gain a competitive advantage. Their competence in engineering key components and subsystems adapted to the most rigorous customer requirements is the foundation of their growth strategy.

Glastra emphasized the importance of Novanta's outstanding personnel, attributing their success to a shared dedication to innovation and customer satisfaction. The company's dedication to resolving challenging technological challenges, combined with a thorough understanding of precision medicine and manufacturing, distinguishes it as a reliable technology partner for OEMs worldwide.

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