March 13, 2014 – San Jose, CA – ADLINK Technology, Inc. announces the 100% share acquisition of PENTA GmbH in Germany for approximately 5.4M Euro based on the resolution of the board meeting held on March 12, 2014.
Established in 1994 and located in Deggendorf and Puchheim, Germany, PENTA has about 40 employees with a predominantly R&D and technical background. PENTA has extensive experience and know-how in the design and manufacture of medical embedded PC systems and monitors. The company promotes its products through established sales networks in vertical markets, such as medical, industrial automation and food & beverage, that require high quality products for critical applications.
“By leveraging PENTA's solid design methodology and manufacturing capabilities, ADLINK's medical product line can be effectively improved. This will also help to enable access to adjacent markets with similar critical requirements,” said Jim Liu, CEO of ADLINK. “Furthermore, the synergy of this acquisition with respect to global sales, improved production control, market development and product comprehensiveness will be brought into full play. With the addition of PENTA's technical team, ADLINK will be able to provide better support to its worldwide customers in Europe and increase its global market share in the medical market.”
Helmut Müller and Walter Steinbeißer, founders and managing directors of PENTA, concur that joining the ADLINK group will generate several synergies, which will result in benefits for the customers.
“A shared strong focus on innovation and quality, as well as flexibility and customer service, combined with the already existing global setup of ADLINK makes it now possible to optimally serve customers with innovative products on a worldwide basis,“ explained Müller.
“With the deep vertical integration of ADLINK, we are able to offer our customers standard products, semi-custom and OEM products while covering the entire spectrum from electronics development all the way to the fully assembled and tested device. All from a single company, this translates into a notably high investment security,“ commented Steinbeißer.
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