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Reuters: Paul Hastings-Led PE Firm Sells Software Maker to Rockwell Automation

June 25, 2021

Paul Hastings is guiding investment firm Francisco Partners in its $2.2 billion cash deal to sell manufacturing software maker Plex Systems to Rockwell Automation. Rockwell announced the deal on June 25th as the Milwaukee, Wisconsin-based industrial automation equipment maker looks to boost its revenue from cloud offerings.

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