Siemens has signed an agreement to acquire ebm-papst's Industrial Drive Technology (IDT) business.

The business, which employs around 650 people, comprises intelligent, integrated mechatronic systems in the extra-low voltage protection range and innovative motion control systems.

The acquisition will complement the Siemens Xcelerator portfolio and strengthen Siemens' position as a leading supplier of solutions for flexible production automation.

Cédrik Neike, Member of the Board of Directors of Siemens AG and CEO of Digital Industries, said: 'The acquisition will open up new business and new customers in the fast-growing market for intelligent battery-powered drive solutions in the field of intralogistics and mobile robotic solutions.

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