Wednesday, February 8, 2023

Genuen Acquires Versatech, Expands Capabilities with Advanced Robotics and Automation Integration Solutions

By ET Bureau - August 13, 2021 2 Mins Read

Genuen, a leading provider of end-to-end test solutions for mission-critical applications, today announced that the company has acquired Versatech, an engineering firm that designs and integrates specialized robotic and production automation equipment. This acquisition comes on the heels of Genuen’s recent expansion, and extends the company’s ability to include production line automation and test.

Genuen serves the market as a leader in custom test solution development. The company provides Fortune 500 companies, Prime contractors, and Tier 1 suppliers with expertise and data needed throughout the product lifecycle. To continue serving clients with leading solutions, Genuen is acquiring expertise through companies like Versatech, bringing the teams together to create stronger solutions for critical applications.

“Versatech’s expertise adds the ability to integrate testing with production automation in solutions across all the markets we serve,” said Jeff Gray, CEO of Genuen.

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Based in Effingham, IL since 2008, Versatech has served as a production line integrator, combining high-end robotic, automation, and controls hardware with customized software. Versatech has relationships with leading robotics technology developers including Fanuc, Yaskawa/Motoman, Epson, Denso, Mitsubishi, and Universal Robots, among others. The company also provides expert vision inspection capabilities for production automation.

Versatech can design and build precision assembly and testing systems that leverage elite technology to help clients reach their production goals quickly and efficiently.

“We’re excited to be members of the growing Genuen team,” said Joe Forbes, Co-Owner of Versatech. “This acquisition provides our clients with access to Genuen’s substantial expertise in test solution development. Together, we will deliver more effective, streamlined solutions to the market.”

All Versatech offices and management will remain in place and the company will operate as a wholly owned subsidiary of Genuen as the company expands its footprint and technical staff to better support clients globally. Genuen plans to continue evaluating acquisitions that bolster and expand product and service offerings.

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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