Ekso Bionics completed the acquisition of the Human Motion and Control business unit of Parker Hannifin.

Ekso Bionics, an exoskeleton technology developer, completed the acquisition of the Human Motion and Control business unit of Parker Hannifin, a motion and control technologies company. Financial terms were not disclosed. “The strategic acquisition of Parker’s uniquely-powered and adjustable Indego exoskeletons significantly builds our product offering and extends our market opportunity to the home. With the addition of HMC, we intend to grow our global footprint and increase our market position in lower extremity robotic products driven by our shared innovations and leading-edge technologies," Steven Sherman, Ekso Bionics Chairman.