News

Mitsubishi Electric Invests in Akribis Systems Pte Ltd

Aims to strengthen industrial automation solutions incorporating linear servo systems

  • Factory Automation Systems

FOR IMMEDIATE RELEASE No. 3286

TOKYO, June 18, 2019 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has taken an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based manufacturer of linear servo motors1 and linear stages, 2 to strengthen its industrial automation solutions for the global market. Mitsubishi Electric, by integrating its servo systems and other industrial automation products with Akribis' product lineup, aims to meet increasing needs for high specification, high precision manufacturing of products utilizing critical new technologies such as 5G to meet the demand generated by IoT related business.

  1. 1A direct drive motor that is incorporated into production equipment to realize high speed and precise motion control
  2. 2A product that combines linear guides and mounting stages

About Akribis Systems Pte Ltd

Company name Akribis Systems Pte Ltd
CEO Leow Yong Peng
Location 5012 Techplace II Ang Mo Kio Ave 5 #01-05, Singapore 569876
Establishment August 2004
Capital 0.5 Million SGD
Employees 704 (as of May 2019)
Business Design, manufacture and sales of linear stages and related components
Website http://www.akribis-sys.com/

Background

Due to the miniaturization and high functionality of smartphones and accelerated adoption of electric vehicles, linear servo motors and linear stages are increasingly in demand for use in equipment for manufacturing semiconductors, flat-panel displays, lithium-ion batteries, etc. to achieve increased productivity and precision. Mitsubishi Electric' s servo systems have been widely adopted in various production facilities around the world due to the company' s strong industrial automation product lineup, which includes the MELSERVO-J5 series, the first general-purpose AC servo system to support the CC-Link IE TSN, next-generation industrial open network. Mitsubishi Electric, through its investment in Akribis, which has a high share of the global market for linear servo motors and linear stages, aims to accelerate its advancement of e-F@ctory3 and strengthen its total industrial automation solutions, combining its own servo systems and other industrial automation products with Akribis' wide product lineup and flexible customization abilities.

  1. 3 An integrated solution based on industrial automation and information technologies to reduce the total cost of developing, producing and maintaining products.