Rockwell Automation to acquire Pavilion Technologies
In an effort to reinforce its hybrid and process industries offerings, Rockwell Automation has agreed to buy Pavilion Technologies.
Rockwell Automation Inc. announced it has agreed to buy Austin, TX-based Pavilion Technologies Inc. Pavilion is a privately-held company that provides advanced process control, production optimization and environmental compliance solutions to customers in consumer products, oil and gas, chemicals and other process and hybrid industries.
The Pavilion Technologies management team and employees will become part of Rockwell Automation’s Architecture & Software segment. Pavilion Technologies software products will be integrated into the Rockwell Automation FactoryTalk integrated production and performance suite, as well as the Logix Control Platform.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey