Rockwell Automation, Infinitum Enter Exclusive Agreement To Jointly Develop, Distribute New Class Of Integrated Low Voltage Drive And Motor Technology
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation and Infinitum have entered into an exclusive agreement to jointly develop and distribute a new class of integrated low voltage drive and motor technology. The products will be available in late 2024 exclusively through Rockwell and its partners.
September 14, 2023 | 8:45 pm
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Rockwell Automation's partnership with Infinitum to develop and distribute new technology could potentially boost its product portfolio and market reach.
The partnership with Infinitum allows Rockwell Automation to expand its product offerings and potentially increase its market share. This could lead to increased revenues in the long term, which is generally positive for the stock price. However, the impact may not be immediate as the products will only be available in late 2024.
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