Servotronix Motion Control Ltd.

servotronix.com ; www.servotronix.co.il

Now Servotronix (a Midea company)

High-Tech Company

Acquired by Midea

TECH VERTICALS

Industrial Automation, Industrial Technologies, Motion Control

General Data

Sector	Hardware & Industrial
Company Stage:	Revenue Growth
Established	1987
Number of Employees	200

DESCRIPTION

Servotronix Motion Control develops and manufactures standard and customized automation solutions with a focus on motion control. Over decades, the company has developed generations of high performance servo drive families and motion control solutions tailored to customer needs and designed to meet the form, fit, functionality, and cost specifications of a wide range of applications and industries. Company's Products: Motion Controllers, Servo Drives, Servo Motors, Integrated Motors, and Custom Motion Solutions

TECHNOLOGY

Digital servo control systems ,servo-amplifiers, multi-axis motion controllers , custom servo and motion control systems .

	TARGET MARKETS
	Large OEMs, Industrial Robotics, Electronics Assembly, CNC & Machine Tools, Textile, Semiconductors, Printing, Display & Solar, Medical Equipment, Food & Beverage, Renewable Energy

	BUSINESS MODEL
	B2B

REMARKS

Date	Remark
09/02/2017	Midea Group Co. announced the establishment of a strategic alliance with Servotronix Motion Control Ltd.
01/12/2009	Servotronix management purchased the company from Danaher.
01/06/2000	With the acquisition of Kollmorgen by Danaher Corp., Servotronix was transformed into the company’s Center of Excellence for digital servo drive design.
01/06/1997	Servotronix was acquired by Kollmorgen Corp., and continued to design and develop custom and standard electronics.

CONTACT INFO

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Main Address: Petach Tikva, Israel

Address	21c Yagia Kapaim St. , Park Deniv
POB	3919
City	Petach Tikva
Country	Israel
Zip	4913020

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Dr. Ilan Cohen	Founder	Kollmorgen Servotronix (CEO)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Feb. 11, 2017

Revenue Growth

abCDe

Acquired

Jan. 01, 1997

Revenue Growth

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

Jan. 01, 2005

abCDe

First Round

Jun. 01, 1993

R&D

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe	R&D grant

Last Updated:	abCDe
IVC Number:	abCDe