Omron will take full ownership of Interlogic, OnLogic's parent, through a reverse triangular merger. OnLogic builds rugged, made-to-order industrial computers and sells mostly direct to customers; the group had sales of about ¥23.9B in 2025. OnLogic keeps its brand, management and Vermont headquarters, where about 160 of its 300 staff work. The deal The $675 million price is an enterprise value on a debt-free, cash-free basis. Omron put it at about ¥104.6 billion at ¥155 to the dollar. It will pay in cash, mainly from cash on hand. The agreement was signed on October 10, 2026, Japan time, and announced on October 13. A special-purpose company that Omron will set up in Delaware is to merge into Interlogic, a Vermont corporation. Interlogic survives as a direct wholly owned subsidiary of Omron, and OnLogic becomes an indirect subsidiary. Omron said the merger route lets it pick up every outstanding share in one step rather than buying from each holder. Who is selling Interlogic is closely held. According to Omron's disclosure as reported in the press, founders Roeland and Lisa Groeneveld held 91.94% of the shares and 99.11% of the voting rights. The remaining 8.06% was spread among 167 officer and employee shareholders. The couple started the business in 2003. For 2025, the Interlogic group reported net assets of about ¥10.8 billion alongside sales of about ¥23.9 billion. Vermont broadcaster WCAX reported that employees will receive bonuses as part of the transaction and that OnLogic said there will be no layoffs. Strategy and funding The purchase follows Omron's decision on March 30, 2026 to sell its electronic components business (Device & Module Solutions) to Carlyle. That unit was split off on July 1 and its shares were transferred on October 1, and it now operates as Aratas. Japanese press reported that the cash for OnLogic includes proceeds created by that sale, as Omron refocuses on industrial automation. Omron has said its control equipment business is returning to growth and that it plans acquisitions to widen its customer base in Europe and the US. OnLogic will run as an independent business inside the group with CEO Sean Larkin expected to stay. Omron expects the effect on its results for the year ending March 2027 to be minor. Timeline and market reaction Closing is expected around January 2027, subject to regulatory approvals and other conditions. No financial or legal advisers were named in the coverage reviewed. Reuters reported Omron shares were roughly flat in Tokyo morning trading on the day of the announcement, while the Nikkei 225 fell about 2.2%.
