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Electronic Equipment & Products M&A image Electronic Equipment & Products M&A » By The Online Investor Staff, updated Tue., Oct. 26, 1:45 PM Recent mergers and acquisitions in the Electronic Equipment & Products M&A category.

Slide #95. Allied Motion Technologies Inc Globe Motors, Inc.

Acquirer: Allied Motion Technologies Inc (NASDAQ:AMOT)
Acquiree: Globe Motors, Inc.
Details: Allied Motion Technologies Inc. (NASDAQ:AMOT) announced today that, effective Friday, October 18, 2013, it completed the acquisition of Globe Motors, Inc. from Safran USA, Inc., on a cash free, debt free basis, for approximately $90 million in cash.

Allied Motion Technologies designs, manufactures and sells precision and specialty controlled motion components and systems used in a range of industries. Co.'s target markets include Vehicle, Medical, Aerospace and Defense, and Industrial. Co. is focused on electro-magnetic, mechanical and electronic motion technology. Co.'s products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active and passive filters for power quality and harmonic issues, and other controlled motion-related products.

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Company Name: 
Allied Motion Technologies Inc
Website: 
www.alliedmotion.com
Sector: 
Electronic Equipment & Products
Number of ETFs Holding AMOT: 
22
Total Market Value Held by ETFs: 
$35.16M
Total Market Capitalization: 
$494.00M
% of Market Cap. Held by ETFs: 
7.12%
 

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Strong Buy (3.50 out of 4)
50th percentile
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