Scott Technology agrees to buy Applied Sorting Technologies for $1.3M

Mon, 16 Jun 2014

By Jonathan Underhill June 16 (BusinessDesk) - Scott Technology, the industrial automation firm, is to make its second acquisition this year by agreeing to buy Melbourne-based Applied Sorting Technologies (AST) for $1.3 million to gain inspection technologies with applications for the meat and mining industries. The purchase would follow the acquisition in May of Ohio-based RobotWorx for up to US$7.7 million in cash and shares, a company that programmes and fits-out industrial robots so they can perform automated manufacturing. AST pro...

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