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Mitsubishi Electric Invests in Akribis Systems Pte Ltd

8 August 2019

Mitsubishi Electric Corporation (TOKYO: 6503) has taken an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based manufacturer of linear servo motors1 and linear stages2, to strengthen its industrial automation solutions for the global market. Mitsubishi Electric, by integrating its servo systems and other industrial automation products with Akribis' product lineup, aims to meet increasing needs for high specification, high precision manufacturing. Typically needed for products utilizing new technologies such as 5G to meet the demand generated by IoT related business.

Due to the miniaturization and high functionality of smartphones and the accelerated adoption of electric vehicles, linear servo motors and linear stages are increasingly in demand. Used in equipment for manufacturing semiconductors, flat-panel displays, lithium-ion batteries, etc. they achieve increased productivity and precision. This aligns with Mitsubishi Electric's servo systems which have been widely adopted in various production facilities around the world due to the company's conclusive industrial automation product lineup.

Mitsubishi Electric, through its investment in Akribis, which has a high share of the global market for linear servo motors and linear stages, aims to accelerate its advancement of e-F@ctory3 and strengthen its total industrial automation solutions by combining its own servo systems and other industrial automation products with Akribis' wide product lineup and flexible customization abilities.

e-F@ctory is a registered trademark of Mitsubishi Electric Corporation. Other company and product names mentioned in this text are trademarks or registered trademarks of each respective organization.

1A direct drive motor that is incorporated into production equipment to realize high speed and precise motion control.

2A product that combines linear guides and mounting stages.

3e-F@ctory is Mitsubishi Electric Factory Automation business unit’s approach to the increasing digital transformation affecting business. In this context, we are supporting our customers in further developing their overall business approach by offering advice on industrial automation and information technology.

For more information, please contact:

Monika Torkel
Mitsubishi Electric Europe B.V.
Factory Automation EMEA
Mitsubishi-Electric-Platz 1
40882 Ratingen
Tel:  +49 (0)2102 486-2150
Fax:  +49 (0)2102 486 7780
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