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Mitsubishi Electric Invests in Akribis Systems Pte Ltd
Aims to strengthen industrial automation solutions incorporating linear servo systems
TOKYO, June 18, 2019 – Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has taken
an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based manufacturer of linear servo motors1and linear stages, 2 to strengthen its industrial automation solutions for the global market. Mitsubishi Electric,by integrating its servo systems and other industrial automation products with Akribis’ product lineup, aims tomeet increasing needs for high specification, high precision manufacturing of products utilizing critical newtechnologies such as 5G to meet the demand generated by IoT related business.
1 A direct drive motor that is incorporated into production equipment to realize high speed and precise motion control
2 A product that combines linear guides and mounting stages

About Akribis Systems Pte Ltd
Company Name
CEOLocation
Establishment
CapitalAkribis Systems Pte Ltd
Leow Yong Peng
5012 Techplace II Ang Mo Kio Ave 5 #01-05, Singapore 569876
August 2004
0.5 Million SGD

Employees

704 (as of May 2019)

Business

Design, manufacture and sales of linear stages and related components

Websitehttp://www.akribis-sys.com/

BackgroundDue to the miniaturization and high functionality of smartphones and accelerated adoption of electric vehicles,
linear servo motors and linear stages are increasingly in demand for use in equipment for manufacturing
semiconductors, flat-panel displays, lithium-ion batteries, etc. to achieve increased productivity and precision.
Mitsubishi Electric’s servo systems have been widely adopted in various production facilities around the world
due to the company’s strong industrial automation product lineup, which includes the MELSERVO-J5 series,

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the first general-purpose AC servo system to support the CC-Link IE TSN, next-generation industrial open
network. Mitsubishi Electric, through its investment in Akribis, which has a high share of the global market
for linear servo motors and linear stages, aims to accelerate its advancement of e-F@ctory3 and strengthen its
total industrial automation solutions, combining its own servo systems and other industrial automation
products with Akribis’ wide product lineup and flexible customization abilities.
3 An integrated solution based on industrial automation and information technologies to reduce the total cost of developing,producing and maintaining products.

Mitsubishi Electric servo system

Akribis linear servo motor and linear stage

MELSERVO and e-F@ctory are registered trademarks of Mitsubishi Electric Corporation.
CC-Link IE TSN is the property of the independent open network association, CC-Link Partner Association.
Other company and product names mentioned in this text are trademarks or registered trademarks of each respectiveorganization.

###About Mitsubishi Electric Corporation
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi ElectricCorporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electricaland electronic equipment used in information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco
Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society withtechnology. The company recorded a revenue of 4,519.9 billion yen (US$ 40.7 billion*) in the fiscal year
ended March 31, 2019. For more information visit:
www.MitsubishiElectric.com*At an exchange rate of 111 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on
March 31, 20192/2