Novanta Acquires Schneider Electric Motion, Renames the Company Novanta IMS
BEDFORD, Mass. — After officially acquiring Schneider Electric Motion, Novanta is renaming the company Novanta IMS as it creates new synergies and opportunities for its new corporate owner.
The new company is an ideal fit for Novanta, a technology partner to medical and advanced technology equipment manufacturers. As a manufacturer of motion control components for automation equipment, Novanta IMS is a provider of innovative solutions in brushless motor technology, integrated motor drives, and electronic controls.