FOXBOROUGH, Mass. — Iconics signed a global partnership agreement with Mitsubishi Electric, a supplier of factory and electrical automation equipment and energy systems. Mitsubishi Electric has made a 19.9 percent equity investment in Iconics as part of the partnership.
Under the signed agreements, Mitsubishi Electric will market MC Works™ (SCADA) solutions for process automation, factory automation, and energy management, based on Iconics technology. Mitsubishi Electric will promote the solutions through its global network of distributors, resellers, and systems integrators.