Korean robotics company purchases majority stake in Exton-based ONExia

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Korea-based Doosan Robotics recently voted to approve the purchase of an 89.59 percent stake in Exton-based ONExia, a robotics system integrator and automation engineering firm, for approximately $25.9 million. The deal was formalized with a stock purchase agreement and participation in a capital increase.

“This acquisition marks an important milestone as we take tangible steps to strengthen our global presence, internalize AI technologies, and develop future-ready solutions,” Kevin Kim, CEO of Doosan Robotics, said. “ONExia’s expertise and established position in the U.S. market will create powerful synergies.”

The purchase allows Doosan Robotics to increase its global competitiveness in the intelligent robotics market and is part of a strategy to move from a hardware-focused business model to a more integrated platform centered on artificial intelligence (AI) and software-based robotics solutions.

“To position ourselves as a global leader in intelligent robotics and drive the future of physical AI, we remain committed to investing in R&D (research and development), strategic M&A (mergers and acquisitions), and talent,” Kim said.

ONExia provides end-to-end automation services and solutions that boost productivity and reduce operational costs. Customers include the manufacturing, logistics, and packaging industries. Average annual sales growth in recent years has been approximately 30 percent as a consequence of collaborative robotic systems.