Plex Systems

Plex is a US company founded in 1995 that develops ERP, providing customers with access to advanced manufacturing management systems, quality management capabilities, and supply chain management. The company has more than 700 customers, daily Plex processes more than 8 billion transactions (as of June 2021).

History

2021: Rockwell Automation bought Plex for $2.22 billion

At the end of June 2021, Rockwell Automation announced the purchase of ERP manufacturer for Plex production facilities. The deal is estimated at $2.22 billion.

This acquisition will accelerate our strategy of implementing a connected enterprise, reducing the time to return on our customers, as they increasingly implement cloud solutions to increase the sustainability, flexibility and reliability of operations, "said Blake Moret, Chairman and CEO of Rockwell Automation. - Combining innovative Plex cloud technology with Rockwell's existing software portfolio and expertise in this area will add value to customers and create more opportunities for success. This acquisition will also accelerate our software revenue growth and enhance our annual regular revenue flows.

Rockwell Automation acquired Plex for $2.22 billion

Plex will join Rockwell to develop hardware and software for the design, operation and maintenance of automation and manufacturing management systems. As part of this acquisition, Rockwell will open new vacancies and expand its staff by more than 500 employees.

Rockwell believes in the power of data and technology to transform manufacturing and industrial operations, said Brian Shepherd, senior vice president of software and management at Rockwell Automation. - Along with the enhanced maintenance and asset management capabilities provided by our recent acquisition of Fiix, Rockwell will have a strong portfolio of cloud solutions for our customers' production systems once the acquisition of Plex is complete.[1]

Notes