ATS Acquires IT Consulting and Service Provider to Strengthen its Business Intelligence and Analytics Offerings
CAMBRIDGE, ON, Sept. 19, 2019 /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company") an industry-leading automation solutions provider, today announced that it has acquired iXLOG Unternehmensberatung GmbH ( "iXLOG"), a Germany-based IT consulting and service provider specializing in business process optimization, business intelligence and analytics, primarily for large and medium-sized industrial manufacturing customers.
The addition of iXLOG is highly complementary to ATS' Process Automation Solutions ("PA") business. iXLOG will play a critical role in expanding PA's data analytics and business intelligence offerings, and building additional solutions to broaden PA's digitization capabilities that are used to optimize customer manufacturing operations.
"We are excited to announce the addition of iXLOG and its employees to our PA business," said Andrew Hider, ATS CEO. "iXLOG brings unique capabilities that will complement our digital service offerings and I expect will accelerate the growth of our PA business."
Established in 1999 and headquartered in Hofheim near Frankfurt, iXLOG generated revenues of approximately €4 million in 2018.
PA is a leading provider of customized automation solutions. It engineers and programs control systems, designs and builds complete automated manufacturing lines, and integrates machines, control systems and software solutions into DCS, MES, SCADA and ERP systems. Through its subsidiary Advanced Applications GmbH, PA offers SAP and digital manufacturing consultancy services.
Financial terms of the acquisition were not disclosed.
About ATS
ATS is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, chemicals, consumer products, electronics, food, beverage, transportation, energy, and oil and gas. Founded in 1978, ATS employs approximately 4,400 people at 23 manufacturing facilities and over 50 offices in North America, Europe, Southeast Asia and China. The Company's shares are traded on the Toronto Stock Exchange under the symbol ATA. Visit the Company's website at www.atsautomation.com.
About iXLOG
Since 1999, iXLOG has developed leading, intelligent SAP solutions for customers through a team of SAP experts. In addition to its SAP expertise, iXLOG has expanded its portfolio with Jedox Business Intelligence and Analytics tools and solutions for process evaluation and monitoring as well as integrated corporate planning. iXLOG is a SAP Silver Partner, Jedox Platinum Partner and a certified Jedox Training Center.
ATS Automation Tooling Systems Inc.
CONTACT: Sonya Mehan, Director, Investor Relations and Corporate Communications, Ryan McLeod, Vice President, Corporate Controller, 519-653-6500
Web Site: www.atsautomation.com
