BRIEF-Allied Motion Technologies- Has Acquired Airex, Llc
Allied Motion Technologies Inc (AMOT):
* ALLIED MOTION TECHNOLOGIES (AMOT)- HAS ACQUIRED AIREX, LLC
* ALLIED MOTION TECHNOLOGIES INC (AMOT)- AIREX IS EXPECTED TO BE ACCRETIVE TO BOTH ALLIED'S MARGIN PROFILE AND EARNINGS PER SHARE IN FIRST YEAR
* ALLIED MOTION TECHNOLOGIES INC (AMOT)- FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED Source text for Eikon: Further company coverage: