Japanese automation company Omron has agreed to acquire South Burlington-based OnLogic and its parent company in a transaction valued at $675 million, according to Omron's Oct. 12 notice.
The deal covers Interlogic and its group companies, including industrial computer maker OnLogic. Omron describes the $675 million figure as enterprise value on a debt-free, cash-free basis, a measure of the business's value rather than a stated cash payout to individual shareholders.
Omron says OnLogic will continue operating as an independent business within the group, keep its brand and retain its direct-to-customer sales model. The current management team, including CEO Sean Larkin, is expected to remain.
The companies entered the agreement Oct. 10, Japan time. Closing is planned around January 2027 and remains subject to regulatory approvals and other conditions.
Omron's disclosure lists OnLogic at 301 employees across seven locations as of March 24, 2026. That is a companywide figure, not a count of Vermont jobs. The buyer says it intends to combine OnLogic's industrial computers with its control, sensing and robotics technology.
Sources
Omron acquisition agreement disclosure
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