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$675M OnLogic sale bolsters factory AI push - Vermont Public

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Source: Vermont Public
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Photo credit : OnLogic's headquarters in South Burlington

The newly announced $675 million sale of Vermont industrial computer maker OnLogic to Japanese electronics giant Omron is all about AI — just not the kind that dominates the headlines and policy debates. With the acquisition, Omron and OnLogic — which the companies say will retain its brand, leadership and South Burlington headquarters — aim to accelerate their push into the emerging field of AI-driven factory automation, or physical AI. Vermont economic observers said the deal should give OnLogic the resources to grow in the fast-moving arena. “I think it’s going to be a tremendously positive opportunity,” said Frank Cioffi, president of the Greater Burlington Industrial Corporation. OnLogic has been creating rugged, industrial-grade computers that can handle vibration and extreme temperatures since its founding in 2003. Founders Lisa and Roland Groeneveld have grown OnLogic from a spousal startup to a 300-employee operation with locations in several countries and a $60 million headquarters along Interstate 89 in South Burlington.

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