“This acquisition brings new technologies for high temperature applications and opens up new markets in the automation and logistics industry.
Florence, KY (PRWEB) April 26, 2012
Balluff GmbH has signed an agreement with a long-term partner to acquire their current industrial RFID business. The acquisition will broaden Balluff’s already vast offering of industrial RFID tags, readers, antennas and handhelds. This acquisition will further strengthen Balluff’s position in the Industrial RFID market with additional technologies and products. According to Michael Unger, Managing Director and Spokesperson of Balluff GmbH, “This acquisition brings new technologies for high temperature applications and opens up new markets in the automation and logistics industry, as well as the semiconductor industry.”
With 30 years of experience in in industrial RFID, Balluff is a global leader in tool identification, asset tracking and work-in-progress tracking applications. As an innovator of LF (Low Frequency) and HF (High Frequency) technologies, Balluff has been a market leader for decades. With this new acquisition, Balluff is positioned to support new application areas with HF and emerging UHF (Ultra High Frequency) technologies for industrial applications. By understanding our customer’s traceability needs, Balluff is uniquely positioned to support the industrial RFID market for years to come.
For additional information on Balluff RFID products, visit: http://www.balluff.com/rfid
About Balluff Inc.
Balluff Inc., the U.S. subsidiary of Balluff GmbH, Neuhausen, Germany, is a leading manufacturer of a wide range of inductive, photoelectric, vision, capacitive and magnetic sensors as well as linear position transducers, RFID systems, and networking products. Balluff products for OEM and factory floor solutions are used to control, regulate, automate, assemble, position, and monitor manufacturing, assembly, and packaging sequences for industries including: metalworking, automotive, plastics, material handling, wood processing, aerospace, alternative energy, medical, electrical, and electronics.