Omron has agreed to buy Interlogic, Inc. and its subsidiary OnLogic, Inc., a Vermont maker of industrial PCs, for $675mn on an enterprise-value basis, or about ¥104.6bn at the company's ¥155-per-dollar conversion. The board approved the deal and the contract was signed on October 10, 2026, Japan time, according to Omron's acquisition notice.
Structure and timing
Omron will form a US subsidiary in Delaware that merges into Interlogic, with Interlogic surviving. That reverse triangular merger leaves Interlogic as a direct wholly owned Omron subsidiary and OnLogic as a second-tier subsidiary. Payment is in cash, mainly from funds on hand; the notice does not give the exact split.
Omron says it chose the structure because Interlogic has 167 employee shareholders alongside the founding family. They hold 8.06% of the shares, and a merger lets Omron acquire every share at once rather than buying from each holder. The sellers are founders Roeland Groeneveld and Lisa Groeneveld, who hold 91.94% of the shares and 99.11% of the votes, plus the 167 employee holders.
Closing is planned for around January 2027 and depends on regulatory approvals and the conditions in the final agreement. Omron expects the effect on its results for the year to March 2027 to be minor.
What Omron is buying
OnLogic sells configurable, rugged industrial PCs built to order, mostly direct to customers rather than through distributors. More than 90% of its sales are booked in the Americas, Europe and other regions, across a range of industries. It was founded in 2003 and had 301 employees and seven sites, two of them manufacturing, as of March 24, 2026. Interlogic's subsidiaries include OnLogic International B.V. in the Netherlands, which in turn holds units in the Netherlands, Germany, Britain, Taiwan and Malaysia.
The Interlogic group's US-GAAP results show sales of $154.2mn for 2025, up from $122.3mn in 2024 and $129.6mn in 2023. EBITDA was $22.6mn in 2025. Omron also gives an adjusted EBITDA of $27.1mn, which adds back costs its due diligence concluded would not recur after the acquisition.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Sales | 129.6 | 122.3 | 154.2 |
| EBITDA | 15.9 | 11.6 | 22.6 |
| Adjusted EBITDA | 20.6 | 16.1 | 27.1 |
| Total assets | 122.2 | 115.5 | 133.2 |
| Net assets | 56.7 | 56.1 | 70.1 |
The strategic pitch
Omron wants its control-equipment business to move from being a factory-automation maker toward what it calls a "GEMBA DX x physical AI" company, one that uses data from shop-floor devices. It says it will pair OnLogic's PCs with its own control technology to speed development of a physical-AI platform, cross-sell products to OnLogic's customers in the Americas and Europe, and jointly offer sensing and robotics bundles.
OnLogic is to run as an independent business inside Omron, keeping its direct-sales model and brand. CEO Sean Larkin and the current management team are expected to stay on, with Omron offering its Asian footprint and factory-automation expertise. Omron's notice reports no capital, personnel or trading ties between the company and Interlogic, and says Evercore Inc. advised the sellers.