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Business news - 30 June 2017

Element acquires Exova

Element Materials Technology has announced the completion of its acquisition of Exova PLC.

 

Motion controls market: new insight

Shirly Zhu, Analyst, IHS Markit writes that, following a significant market decline in 2015, the global motion control market regained a concrete growth in 2016, totalling over US$10.8 billion hardware revenues, with more than 21 million units shipped.