Rockwell Automation Acquires AVATA For Undisclosed Sum


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


  • Rockwell Automation (NYSE:ROK) has acquired AVATA, a services provider for supply chain management, enterprise resource planning, and enterprise performance management solutions. Deal terms were not disclosed.
  • AVATA will be integrated into Kalypso, which is a part of Rockwell's Lifecycle Services business. 
  • Rockwell Automation expects AVATA, together with Kalypso, to help further unlock the value of information technology/operational technology (IT/OT) convergence.
  • Kalypso and AVATA announced a formal partnership in March. The company expects the acquisition to further build upon synergies and expand its supply chain consulting services.
  • Rockwell Automation held cash and cash equivalents of $913.8 million as of June 2021.
  • Price Action: ROK shares traded lower by 0.23% at $318.67 on the last check Monday.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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