American Industrial Systems sells 60% stake to Ennoconn
This acquisition will establish a new global leader in Industrial Internet of Things and Industry 4.0 markets.
American Industrial Systems, Inc. (AIS), Irvine, Calif., announced that Taiwan-based Ennoconn Corp. acquired a 60% stake in the company.
The combination of AIS’s visualization and human machine interface (HMI) technologies with Ennoconn’s strength will establish a new global leader in Industrial Internet of Things (IIoT) and Industry 4.0 markets under Ennoconn’s guidance and management. Ennoconn collaborates with its own elite group of subsidiary companies under the Foxconn IPC Business Group.