Mitsubishi Electric announced today that it has taken an equity stake in Akribis Systems Pte Ltd (Akribis), a Singapore based manufacturer of linear servo motors1 and linear stages, 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 to meet increasing needs for high specification, high precision manufacturing of products utilizing critical new technologies such as 5G to meet the demand generated by IoT related business.