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home / news releases / AMOT - Allied Motion acquires ALIO Industries for $20M

AMOT - Allied Motion acquires ALIO Industries for $20M

Allied Motion Technologies Inc.
Allied Motion Technologies (NASDAQ:AMOT) acquired ALIO Industries, a maker of advanced linear and rotary motion systems for nano-precision applications, for $20M. The purchase price consisted of $15M in cash and $5M in Allied common stock. Additionally, there are potential earn-out payments over the next three years based upon ALIO achieving certain annual EBITDA targets. “ALIO is well recognized for their technology/know-how and expertise in nanometer level positioning, and we are very excited to add such high precision positioning and robotic technology solutions to our already powerful portfolio of motion solution offerings," said Dick Warzala, Chairman and CEO, Allied Motion.

For further details see:

Allied Motion acquires ALIO Industries for $20M
Stock Information
Company Name: Allied Motion Technologies Inc.
Stock Symbol: AMOT
Market: NASDAQ
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