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Pro-Dex Inc. sold its Oregon Micro Systems division to OMS Motion Inc. for $640,000, effective Jan. 27.
Oregon Micro Systems designs and manufactures embedded multi-axis motion controllers sold to distributors or original equipment manufacturers in the automation and research industries.
The purchase price is subject to adjustment based on the value of the division's receivables on the closing date.
OMS Motion Inc. is a newly formed company by the division's general manager, Phil Brown.