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SLB and Rockwell Automation Complete Sensia Joint Venture Dissolution
Companies divide up Sensia's business units as part of the joint venture's dissolution.
Apr. 1, 2026 at 7:20pm
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SLB and Rockwell Automation have announced the completion of the previously announced dissolution of their Sensia joint venture. SLB will assume ownership of the Lift Control, Measurement, Digital Solutions, and Edge Application businesses, while Rockwell Automation will take full ownership of the Process Automation & vMonitor products business. Both companies remain committed to ensuring a smooth transition and sustaining service excellence for customers worldwide.
Why it matters
The dissolution of the Sensia joint venture allows SLB and Rockwell Automation to focus on their core competencies and better serve their respective customers in the energy and industrial automation sectors. This move is part of the companies' broader strategies to enhance their portfolios and drive innovation in their key technology areas.
The details
Under the terms of the agreement, SLB will assume ownership of the Lift Control, Measurement, Digital Solutions, and Edge Application businesses from Sensia, while Rockwell Automation will take full ownership of the Process Automation & vMonitor products business. Both companies are committed to ensuring a seamless transition for their customers and maintaining the high level of service and support they have come to expect.
- The dissolution of the Sensia joint venture was previously announced and has now been completed as of April 1, 2026.
The players
SLB
A global technology company that has driven energy innovation for 100 years, with a presence in more than 100 countries and a diverse workforce representing almost twice as many nationalities. SLB is focused on innovating in the oil and gas industry, delivering digital solutions at scale, decarbonizing industries, and developing and scaling new energy systems to accelerate the energy transition.
Rockwell Automation, Inc.
A leading industrial automation and digital transformation company that provides solutions to customers in more than 100 countries. Rockwell Automation is focused on helping its customers increase productivity, achieve sustainability, and improve their competitive position.
Sensia
A joint venture between SLB and Rockwell Automation that was focused on providing integrated automation and digital solutions for the energy industry. The joint venture has now been dissolved, with SLB and Rockwell Automation each taking ownership of specific business units.
What’s next
Both SLB and Rockwell Automation are committed to ensuring a smooth transition for their customers as they take over the respective business units from the dissolved Sensia joint venture. The companies will work to integrate the acquired businesses into their existing operations and continue to provide high-quality service and support to their customers.
The takeaway
The dissolution of the Sensia joint venture allows SLB and Rockwell Automation to focus on their core competencies and better serve their customers in the energy and industrial automation sectors. This strategic move is part of the companies' broader efforts to enhance their technology portfolios and drive innovation in their key markets.
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