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ADLINK Technology Announces the 100% Share Acquisition of LiPPERT Embedded Computers
SAN JOSE, Calif., Feb. 8, 2012 /PRNewswire/ -- ADLINK Technology, Inc. (TSEC: 6166) announces the 100% share acquisition of LiPPERT Embedded Computers GmbH in Germany for approximately 7M euro based on the resolution of the board meeting held on Jan. 19, 2012.
Established in 1987 and located in Mannheim, Germany, LiPPERT has around 40 employees with a predominantly R&D and technical background and has extensive experience in the design and manufacture of quality embedded PC systems for rugged environments. LiPPERT promotes its products with the well-known "LiPPERT" brand through established sales networks in vertical markets requiring high quality module products for critical applications such as automation, transportation, medical, and defense.
Jim Liu, CEO of ADLINK, stated, "By leveraging LiPPERT's solid design methodology and process, the overall quality of ADLINK's embedded PC products can be effectively improved and better applied to a variety of environment-critical markets. Furthermore, the synergy of this acquisition with respect to production, costs, market development, and product comprehensiveness will be brought into full play. With the addition of LiPPERT's technical team, ADLINK will be able to provide better support to its customers in Europe and increase its global market share in module computing."
ADLINK has appointed Mr. Peter Lippert as Vice President in charge of the Global Module Computing Product Segment.
"In order to enhance competitiveness and growth, I've decided to sell. At the same time, we can now focus attention on new customer groups," said Lippert, CEO of LiPPERT Embedded Computers. "There was no financial pressure nor health concerns affecting the sale," he continued. "ADLINK is strengthened by the acquisition of LiPPERT Embedded Computers in the areas of PC/104, Computer-on-Modules and Embedded Motherboards. We complement each other very well.
"Initially, nothing will change at LiPPERT. Our products will continue to be manufactured in Germany, and I am staying on at the company," said Lippert. ADLINK also improves with the takeover, with strengthened technical services and relationships with trading partners in Europe. ADLINK and LiPPERT will continue to be represented by the same company in various regions such as Scandinavia and Russia.
About ADLINK Technology
ADLINK Technology provides a wide range of embedded computing products and services to the test & measurement, automation & process control, gaming, communications, medical, network security, and transportation industries. ADLINK products include PCI Express®-based data acquisition and I/O; vision and motion control; and AdvancedTCA, CompactPCI, and Computer-on-Modules (COMs) for industrial computing. With the acquisition of Ampro Computers, Inc., ADLINK also provides a wide range of Extreme Rugged and Rugged Single Board Computers, Computer-on-Modules and Systems under the brand name Ampro by ADLINK. ADLINK strives to minimize the total cost of ownership (TCO) of its customers by providing customization and system integration services, maintaining low manufacturing costs, and extending the lifecycle of its products. ADLINK is a global company with headquarters and manufacturing in Taiwan; R&D and integration in Taiwan, China, and the US; and an extensive network of worldwide sales and support offices.
ADLINK is ISO-9001, ISO-14001, ISO-13485, and TL9000 certified, is an Associate Member of the Intel® Embedded Alliance, an Executive Member of PICMG, a Sponsor Member of the PXI Systems Alliance, and a Member of the AXIe Consortium. ADLINK is a publicly traded company listed on the TAIEX Taiwan Stock Exchange (stock code: 6166).
About LiPPERT Embedded Computers
LiPPERT Embedded Computers GmbH specializes in designing and building ultra-compact Embedded PCs, with customer applications in the areas of communications, electronic gaming, medical devices, industrial computers and multimedia technologies. LiPPERT has extensive long-term experience in the design and production of high technology and high-quality Embedded Systems, especially for deployment into rough environments. Complete system solutions as well as custom-specific boards can be developed and manufactured within a short time frame. Our services include hardware and software design using the latest methodologies. Time-to-market is greatly reduced with our bring-up service. Long-term availability of all products is assured with respect to functionality and interfaces.
We are a certified ISO 9001:2008 company and attach great importance to the quality of our products. All processes are documented and can be reproduced if necessary. Our product revision management assures safe and stable use for customers with approval-critical applications such as electronic gaming machines or medical devices.
SOURCE ADLINK Technology, Inc.
ADLINK Technology, Inc.
CONTACT: Amy Chen, Finance Department of ADLINK Technology, Inc., +886 2-8226-5877, news@adlinktech.com
ADLINK Technology Announces the 100% Share Acquisition of LiPPERT Embedded Computers
SAN JOSE, Calif., Feb. 8, 2012 /PRNewswire/ -- ADLINK Technology, Inc. (TSEC: 6166) announces the 100% share acquisition of LiPPERT Embedded Computers GmbH in Germany for approximately 7M euro based on the resolution of the board meeting held on Jan. 19, 2012.
Established in 1987 and located in Mannheim, Germany, LiPPERT has around 40 employees with a predominantly R&D and technical background and has extensive experience in the design and manufacture of quality embedded PC systems for rugged environments. LiPPERT promotes its products with the well-known "LiPPERT" brand through established sales networks in vertical markets requiring high quality module products for critical applications such as automation, transportation, medical, and defense.
Jim Liu, CEO of ADLINK, stated, "By leveraging LiPPERT's solid design methodology and process, the overall quality of ADLINK's embedded PC products can be effectively improved and better applied to a variety of environment-critical markets. Furthermore, the synergy of this acquisition with respect to production, costs, market development, and product comprehensiveness will be brought into full play. With the addition of LiPPERT's technical team, ADLINK will be able to provide better support to its customers in Europe and increase its global market share in module computing."
ADLINK has appointed Mr. Peter Lippert as Vice President in charge of the Global Module Computing Product Segment.
"In order to enhance competitiveness and growth, I've decided to sell. At the same time, we can now focus attention on new customer groups," said Lippert, CEO of LiPPERT Embedded Computers. "There was no financial pressure nor health concerns affecting the sale," he continued. "ADLINK is strengthened by the acquisition of LiPPERT Embedded Computers in the areas of PC/104, Computer-on-Modules and Embedded Motherboards. We complement each other very well.
"Initially, nothing will change at LiPPERT. Our products will continue to be manufactured in Germany, and I am staying on at the company," said Lippert. ADLINK also improves with the takeover, with strengthened technical services and relationships with trading partners in Europe. ADLINK and LiPPERT will continue to be represented by the same company in various regions such as Scandinavia and Russia.
About ADLINK Technology
ADLINK Technology provides a wide range of embedded computing products and services to the test & measurement, automation & process control, gaming, communications, medical, network security, and transportation industries. ADLINK products include PCI Express®-based data acquisition and I/O; vision and motion control; and AdvancedTCA, CompactPCI, and Computer-on-Modules (COMs) for industrial computing. With the acquisition of Ampro Computers, Inc., ADLINK also provides a wide range of Extreme Rugged and Rugged Single Board Computers, Computer-on-Modules and Systems under the brand name Ampro by ADLINK. ADLINK strives to minimize the total cost of ownership (TCO) of its customers by providing customization and system integration services, maintaining low manufacturing costs, and extending the lifecycle of its products. ADLINK is a global company with headquarters and manufacturing in Taiwan; R&D and integration in Taiwan, China, and the US; and an extensive network of worldwide sales and support offices.
ADLINK is ISO-9001, ISO-14001, ISO-13485, and TL9000 certified, is an Associate Member of the Intel® Embedded Alliance, an Executive Member of PICMG, a Sponsor Member of the PXI Systems Alliance, and a Member of the AXIe Consortium. ADLINK is a publicly traded company listed on the TAIEX Taiwan Stock Exchange (stock code: 6166).
About LiPPERT Embedded Computers
LiPPERT Embedded Computers GmbH specializes in designing and building ultra-compact Embedded PCs, with customer applications in the areas of communications, electronic gaming, medical devices, industrial computers and multimedia technologies. LiPPERT has extensive long-term experience in the design and production of high technology and high-quality Embedded Systems, especially for deployment into rough environments. Complete system solutions as well as custom-specific boards can be developed and manufactured within a short time frame. Our services include hardware and software design using the latest methodologies. Time-to-market is greatly reduced with our bring-up service. Long-term availability of all products is assured with respect to functionality and interfaces.
We are a certified ISO 9001:2008 company and attach great importance to the quality of our products. All processes are documented and can be reproduced if necessary. Our product revision management assures safe and stable use for customers with approval-critical applications such as electronic gaming machines or medical devices.
SOURCE ADLINK Technology, Inc.
ADLINK Technology, Inc.
CONTACT: Amy Chen, Finance Department of ADLINK Technology, Inc., +886 2-8226-5877, news@adlinktech.com