Shanghai Moons’ Electric Co., Ltd., announced that it has acquired Applied Motion Products, Inc. of Watsonville, CA. Applied Motion Products was founded in 1978 and specializes in providing advanced stepper, and servo motor drives to a broad range of industrial and OEM customers.
"Our acquisition of Applied Motion Products complements our overall product offering of stepper, servo, brushless DC motors by providing enhanced drives and software. This investment represents an important strategic opportunity to offer complete motion solutions for our customers in North America and globally. This acquisition is an expansion of our joint venture that was started in 2007 where AMP and Moons’ shared technology and R&D in the development of motor drives. This will further enhance organizations by the integration of all resources and strengths including sales networks." Said James Chang, President of Shanghai Moon’s Electric.
"We are pleased to see Applied Motion Products become part of the Moons’ team. In a globally competitive market place the combination of Applied Motion Products brand and leading edge motion technology combined with Moons’ broad product offering, world class manufacturing capability and resources provides us with a sustainable competitive advantage" said Dr Macleod CEO of Applied Motion Products.
No changes are planned in the day-to-day operation of Applied Motion Products, with the exception of reporting to Shanghai Moons’ Electric Company.