June 1st, 2014 Shanghai MOONS’ Electric Co., Ltd. acquired Applied Motion Products, Inc. of Watsonville, CA, which was founded in 1978 and specializes in providing advanced stepper and servo motor drives to a broad range of industrial and OEM customers. The acquisition of Applied Motion Products complements MOONS’ overall product offering of stepper, servo, brushless DC motors by providing enhanced drives and software. This investment is a major step forward in MOONS’ strategy of solidifying its position as a complete motion solution provider in North America and globally.
The acquisition is also an expansion of the joint venture that was started in 2007 where AMP and MOONS’ shared technology and R&D in the development of motor drives. This will further enhance organizations by the integration of all resources and strengths including sales networks. “We are pleased to see Applied Motion Products become part of the Moons’ team. In a globally competitive market place the combination of Applied Motion Products brand and leading edge motion technology together with Moons’ broad product offering, world class manufacturing capability and resources provides us with a sustainable competitive advantage.” said Dr. Macleod CEO of Applied Motion Products. About Applied Motion Products, Inc. Applied Motion Products, Inc., founded in 1978, specializes in high-precision, cost-effective motion control products, offering a full complement of stepper and servo, drives, motors, controllers, gearheads, and power supplies to serve a diverse industrial and OEM customer base.