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Announced

Completed

Shore Capital-backed ONDEX completed the acquisition of NeoMatrix.

Synopsis

Shore Capital-backed ONDEX, a Chicago-based factory automation systems integrator, completed the acquisition of NeoMatrix, a software-focused factory automation system integrator. Financial terms were not disclosed. "We are thrilled to collaborate with the exceptional NeoMatrix team, whose expertise significantly enhances our capabilities across the automation tech stack. This strategic partnership empowers us to better address the evolving digital transformation needs of our current and future customers," Justin Kerr, ONDEX CEO.

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