US based Rockwell Automation, the world’s largest company dedicated to industrial automation and information, announced on October 1 that it has acquired MESTECH Services, a Pune-based manufacturing IT consulting firm.
Founded in 2008, MESTECH Services is headquartered in Pune, India with operations in Germany and the United States. The company touts itself as a one-stop technology shop for needs such as Industry 4.0, Industrial Internet of Things (IIoT), Digital and Smart Manufacturing, with specialization in the Life Sciences, Process, Automotive and Discrete Verticals.
The acquisition transaction is not expected to have a material impact on Rockwell’s 2020 financial results.
Matthew Fordenwalt, Vice President and General Manager, Systems & Solutions Business, for Rockwell Automation, said,”The acquisition of MESTECH expands our capabilities to profitably grow Information Solutions and Connected Services globally and accelerate Rockwell’s ability to help our customers execute digital transformation initiatives.’
“India is one of Rockwell’s fastest growing markets and MESTECH’s footprint and expertise will enable us to implement solutions faster, helping our customers increase their connectivity, efficiency, and productivity,” said Fordenwalt.
It was in August, Rockwell, in its India event, has announced that it will help partner manufacturers in India equip their workforce better in working with changing technologies and bridge Industry 4.0 skill gaps by offering e-learning, instructor-led courses, certificate programs, and training workstations.
At the same time, by joining the Rockwell family, MESTECH will be able to leverage Rockwell’s products and solutions in the areas of control, process, power information solutions and industrial IoT, including FactoryTalk Innovation Suite, powered by PTC, in order to help customers develop the best possible solutions while minimizing risk.”
Yatin Sankholkar, who is Managing Director at MESTECH, said in a press release statement, “We are excited about our future with Rockwell Automation, which will enable us to help more customers simplify their industrial transformations and accelerate their production timelines.”
“Over the past decade, we have grown MESTECH into one of the world’s leading manufacturing execution service providers, with a focus on Technology Consulting and Software Implementation for managing manufacturing operations. By joining forces with Rockwell, we will be able to expand our market access and offer more customers the benefit of our strong industry expertise,” said Yatin Sankholkar.