Rockwell Automation Acquires Plex Systems from Francisco Partners for $2.2 Billion
San Francisco – Paul Hastings LLP, a leading global law firm, announced today that the firm advised Francisco Partners, a global investment firm that specializes in partnering with technology businesses, in the sale of its portfolio company Plex Systems to Rockwell Automation for $2.2 billion.
Plex Systems is a leading cloud-native smart manufacturing software platform with more than 700 customers across 37 countries. Plex’s software solutions help manufacturers streamline and modernize their global operations by leveraging the power of shop-floor data to drive improved production performance.
The transaction is expected to close in Rockwell’s fiscal fourth quarter, subject to customary closing conditions and completion of regulatory review.
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