Posted to News on 24th Mar 2014, 12:44
Adlink announces the 100 per cent share acquisition of PENTA
Adlink Technology, Inc. is announcing the 100 per cent share acquisition of PENTA GmbH in Germany for approximately EUR5.4M based on the resolution of the board meeting held on 12 March 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 with the well-known brand through established sales networks in vertical markets that require high-quality products for critical applications such as medical, industrial automation or food & beverage.
Jim Liu, CEO of Adlink, states: "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. 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 medical market."
Helmut Mller and Walter Steinbeisser, founders and managing directors of PENTA concur that joining the ADLINK group will allow to quickly generate several synergies, which will result in benefits for the customers. Helmut Mller explains: "A shared strong focus on innovation and quality, as well as high flexibility and customer orientation combined with the already existing global setup of Adlink makes it now possible to optimally serve customers with high-tech products on a worldwide basis."
Walter Steinbeisser comments: "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."
For further details about the share acquisition of PENTA GmbH by Adlink, please visit www.adlinktech.com.
