In light of the recent news that Wittenstein has plans to acquire STXI Motion, Clara Sipes, Market Analyst, and Blake Griffin, Research Manager, at global market intelligence firm Interact Analysis comment:
Clara Sipes “Historically, Wittenstein has been known for its customization capabilities and gearbox solutions. By purchasing STXI, Wittenstein gains access to the mobile robotics market, but also, their standardized portfolio of motors.
Wittenstein will likely re-enter the market with STXI’s portfolio in the mobile robotics and intralogistics market. Since this market is rapidly growing, this acquisition allows the company to get to market faster, not sacrificing time or money on R&D”.
Blake Griffin “By combining Wittenstein’s customization expertise with STXI’s servo portfolio, Wittenstein will be well positioned to provide semi-custom options that machine builders are seeking.
STXI has historically had a focus on the mobile robotics market, with their standard portfolio being well positioned for this space. Once Wittenstein enters the market with this portfolio, it is likely they will expand these offerings to feature their gearboxes and custom capabilities, successfully merging these two portfolios”.
