ALNT - Mergers and acquisitions

 Expands capabilities and capacity in Allient's Allied Power Technology Pillar Allient Inc. (formerly known as Allied Motion Technologies Inc.) (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, today announced the acquisition of SNC Manufacturing Co., Inc. ("SNC"), a premier designer and global manufacturer of electrical transformers serving blue-chip customers in defense, industrial automation, alternative power generation and energy, including electric utilities and renewable energy. SNC's offerings are complementary to Allient's current pow

Allient Inc. (formerly known as Allied Motion Technologies Inc.) (NASDAQ:ALNT) ("Allient" or the "Company"), a global designer and manufacturer of precision and specialty Motion, Controls and Power products and solutions for targeted industries and applications, announced that it has acquired Sierramotion Inc., a privately-owned company specializing in designing and engineering turn-key motion components and mechatronic (mechanical, electrical and control) solutions for robotic, medical, industrial, defense, semiconductor and other precision applications. "Sierramotion and Allient are well known to each other as they have collaborated and partnered in the past to develop industry leading