In a move intended to boost its industrial RFID presence, Austrian global RFID-tracking equipment supplier Identec Solutions today announced the acquisition of Baumer Ident GmbH, a global manufacturer of industrial Auto-ID systems (focused on the automobile sector).
Baumer Ident is a full subsidiary of Baumer Holding AG in Frauenfeld, Switzerland.
As part of the acquisition, Baumer Ident’s products will be integrated into Identec Solutions’ product portfolio and will continue to be marketed. As of August 1, 2006, the company in Weinheim will operate as Identic Solutions Deutschland GmbH.
RFID Provider IDENTEC SOLUTIONS Acquires BAUMER IDENT
Friday July 7, 10:00 am ET
Purchase of the German Manufacturer of Automatic Identification Systems Strengthens IDENTEC SOLUTIONS’ Market Leadership in Industrial RFID
LUSTENAU, Austria and KELOWNA, Canada, July 7 /PRNewswire/ – IDENTEC SOLUTIONS, global supplier of industrial RFID-based tracking and tracing solutions, announces today the acquisition of BAUMER IDENT GmbH. Located in Weinheim, Germany, BAUMER IDENT is a leading global manufacturer of industrial Auto-ID systems with focus in the Automobile Sector.
The purchase of BAUMER IDENT, a full subsidiary of BAUMER Holding AG (located in Frauenfeld, Switzerland), is another crucial step in IDENTEC SOLUTIONS’ expansion into global market leadership for industrial RFID solutions.
“The merger provides advantages on a variety of levels,” explains Gerhard Schedler, CEO & President of IDENTEC SOLUTIONS. “Customers and partners of both companies will benefit from a more complete and universal offering. By combining the extensive RFID expertise of both companies’ employees, we are creating a unique first-class Team, which will be at the forefront of industrial RFID. Furthermore, additional locations will guarantee the best possible global support and will help to better serve the rapidly growing market.”
BAUMER IDENT’s products will be integrated into IDENTEC SOLUTIONS’ product portfolio and will continue to be marketed. As of August 1, 2006, the company in Weinheim will operate as IDENTEC SOLUTIONS Deutschland GmbH.
Additional information about IDENTEC SOLUTIONS and BAUMER IDENT can be obtained online at http://www.identecsolutions.com and http://www.baumerident.com .