[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-hms-networks-expands-north-american-footprint-with-red-lion-controls-acquisition":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},771,"HMS Networks Expands North American Footprint with Red Lion Controls Acquisition","hms-networks-expands-north-american-footprint-with-red-lion-controls-acquisition","HMS Networks announces its $345 million acquisition of Red Lion Controls, a move set to bolster its North American market share and expand industrial connectivity offerings.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2023\u002F75099_Staffan_-_wall_lightbulb%20copy.jpg\" alt=\"\" width=\"350\" height=\"217\">HMS Networks AB, a global provider of industrial information and communication technology, recently entered into a binding agreement with Spectris Group Holdings Ltd to acquire the Red Lion Controls business, a well-established US-based provider of industrial automation solutions, through the acquisition of 100 percent of the shares in Red Lion Controls Inc and Red Lion Europe GmbH, as well as certain assets in other jurisdictions (Red Lion), significantly expanding HMS’ presence in the North American market and complementing HMS’ offering.\u003C\u002Fp>\r\n\u003Cp>Delighted to welcome Red Lion into the HMS Networks family, Staffan Dahlström, CEO, HMS, says, “The companies are a great match both when it comes to products, geographic presence, and cultural aspects. The combination of Red Lion’s product portfolio, which is complementary to HMS’ offering and has limited overlap, and the geographic match between Red Lion’s strong position in the attractive North American market and HMS’s core markets in Europe will generate good cross-selling opportunities.\u003C\u002Fp>\r\n\u003Cp>Eager to start working together, to realize the synergies between the companies, and to enable each other to take the next steps on both companies’ common future journeys once the transaction closes, Dahlström continues, “Red Lion’s ‘Access’ products fit well with HMS’ Anybus and Ewon product lines, while Red Lion’s ‘Connect’ offering adds what HMS has been searching for several years: a strong Ethernet Switch offer with a strong market position. Finally, Red Lion’s ‘Visualize’ offering brings new opportunities for HMS to explore the Data Visualization offering that is becoming more and more interesting with its central role in the Industrial Automation environment and its ability to provide additional value on top of HMS’ connectivity and network offering.”\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Strategic Rationale \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>HMS has entered into a binding agreement to acquire Red Lion for a cash consideration of US$ 345 million (approximately SEK 3,600 million) on a cash and debt-free basis (Enterprise Value). For HMS, it is of strategic importance to strengthen its presence in the attractive North American market and to improve its product offering range with products and offers that are specifically developed to meet North American market demand.\u003C\u002Fp>\r\n\u003Cp>The acquisition is expected to enable several cross-selling synergies between HMS and Red Lion, partly by capitalizing on the different market channels. With the greatest proportion of Red Lion’s sales coming from North America, through a well-developed distributor network that HMS will be able to utilize to drive sales of HMS’ gateway and remote access offerings. HMS, with about 60 percent of its sales in the large automation markets in Europe and well-developed and targeted market channels, will be able to cross-sell selected parts of the Red Lion offering.\u003C\u002Fp>\r\n\u003Cp>Furthermore, the acquisition is expected to have R&amp;D and product development synergies on several parts of both HMS’ and Red Lion’s offerings, which will be explored further after the closing of the transaction.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Red Lion at a Glance  \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Red Lion, headquartered in York, Pennsylvania, United States, is a well-established industrial data business with a 50-year-plus history, empowering industrial organizations around the world to unlock the value of data by developing and manufacturing innovative and scalable products and solutions that support their customers in gaining real-time data and visibility to drive productivity. Red Lion’s main customers are active in factory automation, alternative energy, oil and gas, power and utilities, transportation, and water and wastewater segments.\u003C\u002Fp>\r\n\u003Cp>The Red Lion offering is centered around three core product lines:\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Access products allow industrial end customers to get the most value out of their remote assets by offering enhanced cloud connectivity, edge intelligence, and remote device management. This product line includes Industrial Gateways, Protocol Converters, Routers, and Access Points. \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Connect products protect and streamline communication between plant operators and their assets in a secure, reliable, and easy way to maximize operating performance and system uptime, with Industrial Layer 1 and 2 Ethernet Switches representing the main parts of this product line. \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Visualize products allow plant operators to acquire, manage, and interact with their data to further optimize performance in challenging and harsh environments, with Human Machine Interfaces (HMI) and Panel Meters constituting the main products.\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">Red Lion has four development sites, located in York, Pennsylvania (US), Mobile, Alabama (US), Dinkelsbühl, Germany, and Pune, India, and manufacturing sites located in York and Dinkelsbühl. Red Lion employs about 400 people globally, of which about 300 are in the United States.\u003C\u002Fp>\r\n\u003Cp> \u003Cstrong>Regulatory approvals and closing \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Closing of the acquisition is expected to take place during the first half of 2024, subject to customary closing conditions, including filing with and approval by the appropriate authorities under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 and filing with and approval by the Committee on Foreign Investment in the United States.\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.hms-networks.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2023\u002FWtnnMKmsCkZC9IeUQGMn.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FDecember2023\u002FWtnnMKmsCkZC9IeUQGMn.jpg","2023-12-17T18:20:07+05:30","MWM Desk","News",0,"HMS Networks acquires Red Lion Controls for $345 million to significantly expand its North American industrial automation presence.\nThe merger combines HMS’s global network with Red Lion’s strong Ethernet switch and data visualization product portfolio.\nBoth companies plan to leverage cross-selling synergies by integrating their respective distribution channels across North America and Europe.","Big shifts in the industrial tech landscape: HMS Networks has officially announced the acquisition of Red Lion Controls for $345 million. This strategic move is a major play to capture a larger share of the North American automation market. By integrating Red Lion’s 'Access,' 'Connect,' and 'Visualize' product lines with HMS’s existing Anybus and Ewon ecosystems, the company is positioning itself to offer a more robust suite of connectivity and data solutions. For our community in the trade and manufacturing sectors, this signifies a major consolidation of expertise that will likely reshape how cross-continent industrial networks are managed. We’ll be watching closely as these two entities integrate their distribution channels and R&D pipelines. How do you see this impacting the competitive landscape for automation hardware? #IndustrialAutomation #ManufacturingNews #HMSNetworks","Big industry news: HMS Networks is acquiring Red Lion Controls for $345M to expand its North American footprint and industrial connectivity portfolio. A major move for the automation sector! #IndustrialAutomation #Manufacturing","Big news in the world of industrial automation! ⚙️ HMS Networks has announced its $345 million acquisition of Red Lion Controls, signaling a major expansion into the North American market. 🌎 This deal brings together two powerhouses, combining HMS’s expertise in communication technology with Red Lion’s stellar portfolio of Ethernet switches and data visualization tools. It’s all about creating a more connected, data-driven factory floor! We’re excited to see how this merger creates new synergies and opportunities for cross-selling across global markets. What are your thoughts on this major industry shift? Let us know below! 👇 #IndustrialAutomation #HMSNetworks #RedLionControls #SmartManufacturing #B2BTech #AutomationNews #EngineeringExcellence",{"title":6,"description":8,"keywords":21},"hms networks, red lion controls, industrial automation, m&a, industrial iot, north american market, factory automation, connectivity solutions, data visualization, b2b acquisition",{"title":23,"slug":24,"imageUrl":25},"Vedanta Aluminium’s Patented Potlining Tech Redefines Aluminum Smelting","vedanta-aluminiums-patented-potlining-tech-redefines-aluminum-smelting","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2023\u002F9rqw0QoWtlAoT39ZdlNu.jpg",{"title":27,"slug":28,"imageUrl":29},"Mitsubishi Electric Launches ‘India’s Partner For A Sustainable Future’ 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manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-gdMNFU.jpg","2026-07-31T02:38:13+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-n5XI9j.webp","2026-07-31T02:17:58+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 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Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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