Automated Industrial Robotics Acquires Owens Design: A Strategic Expansion in High-Tech Automation
Introduction to AIR’s Acquisition Strategy
Automated Industrial Robotics (AIR) has recently made headlines with its acquisition of Owens Design, a prominent industrial automation company based in Fremont, California. This strategic move not only bolsters AIR’s engineering capabilities across its operations in the US, UK, and Ireland but also significantly enhances its ability to deliver innovative automation solutions to its global clientele. As industries continue to evolve rapidly, this acquisition highlights the importance of adaptability and forward-thinking in the automation landscape.
Funding the Acquisition
The acquisition of Owens Design was funded through additional investment from an Ares Management Private Equity fund, complemented by an equity investment from Owens Design’s leadership team. This dual funding approach not only demonstrates confidence in the joint potential of the merged entities but also ensures a solid financial foundation for future growth initiatives. The backing of large investment firms enhances stability and opens avenues for further innovation as the integrated company looks to expand its footprint.
Owens Design: A Leader in Automation
Owens Design specializes in developing custom automation solutions for a diverse range of high-tech industries. The company collaborates with original equipment manufacturers (OEMs) and a spectrum of manufacturers—from startups to established public companies—on sophisticated design-build and manufacturing projects. Their expertise spans critical sectors such as semiconductor manufacturing, renewable energy, data storage, and medical products. With approximately 100 dedicated professionals operating from a substantial 60,000-square-foot facility in Silicon Valley, Owens Design represents a wealth of experience and know-how in the automation field.
Strengthening Semiconductor Industry Presence
A crucial aspect of this acquisition is AIR’s enhanced presence in the burgeoning semiconductor industry. The semiconductor sector has been experiencing exponential growth, driven by the demand for advanced technology solutions. By leveraging Owens Design’s established expertise in ultra-high-precision handling, clean room operations, and robust quality management systems, AIR is strategically positioned to tap into emerging technologies across various end markets. This capability can extend to crucial sectors like medical products and pharmaceuticals, where precision and reliability are paramount.
Expanding Workforce and Facilities
With the integration of Owens Design into its operations, AIR now boasts a workforce exceeding 530 employees and an expansive automation hub footprint of more than 400,000 square feet globally. This scaling not only reinforces AIR’s operational capabilities but also positions the company favorably in competitive markets. The growing number of employees and facilities is a testament to AIR’s commitment to expanding its reach and influence in the automation ecosystem, providing tailored solutions that meet the diverse needs of its customer base.
Leadership Perspectives on the Acquisition
AIR’s Executive Chairman Brian Klos and CEO Darragh de Stonndún expressed their enthusiasm regarding the partnership with Owens Design. They emphasized that this acquisition represents a transformative step in strengthening AIR’s engineering excellence across its global footprint. The partnership aims to enhance AIR’s ability to deliver cutting-edge manufacturing solutions, ultimately benefiting its extensive network of clients. Their confidence in Owens Design’s capabilities indicates a clear vision for elevating automation standards and developing a collaborative environment to foster innovation.
In the same vein, Bob Fung, the CEO of Owens Design, expressed his excitement about this new chapter with AIR. He highlighted how this partnership aligns with Owens Design’s core values—prioritizing customer service while fostering a rewarding workplace for team members. Fung noted that AIR’s resources and experience would significantly unlock growth opportunities, marking a promising future for Owens Design under the AIR umbrella.
Exploring Future Opportunities in Electronics
As the automation sector continues to advance, both AIR and Owens Design are poised to explore future opportunities within the electronics industry. The upcoming Evertiq Expo events, slated for September 4, 2025, in Gothenburg, will serve as a platform to engage with key industry players and attend insightful talks from leading experts. Such interactions can foster networking and encourage collaborative innovations, paving the way for the next generation of electronics solutions.
Staying Informed in the Industry
For those interested in keeping up with the latest trends and updates in the field of automation and electronics, subscribing to industry newsletters and participating in expos can provide valuable insights. Understanding market dynamics and technological advancements is crucial in navigating the rapidly changing landscape. Engaging with industry events can also help individuals and organizations stay ahead, connecting with influencers and pioneers shaping the future of automation.
As AIR and Owens Design embark on this transformative journey together, the industry watches closely, eager to see how this collaboration will redefine automation capabilities and drive technological progress across multiple sectors.