Viareggio, December, 11th 2015: CAEN RFID s.r.l., a Tuscan company at the forefront of RFID (Radio Frequency Identification) in the UHF (Ultra High Frequency) band, announce the signature of an agreement with Datalogic S.p.A. (Borsa Italiana S.p.A.: DAL), a company listed in the STAR Segment of the Italian Stock Exchange managed by Borsa Italiana S.p.A. ('Datalogic') and a global leader in Automatic Data Capture and Industrial Automation markets, and world-class producer of bar code readers, mobile computers, sensors for detection, measurement and safety, vision systems and laser marking equipment.
Datalogic will become a shareholder of CAEN RFID, through the acquisition of the 20% of the company, with the purpose of company development and growth. The operation is also enhanced by a commercial agreement between the two companies that includes, among others, the combined development of new products, the use of CAEN RFID's components by Datalogic for the manufacturing of its products and the distribution of CAEN RFID's products with Datalogic brand.
The technology developed by CAEN RFID, the first European company, founded in 2003, to design, manufacture and market UHF RFID readers, is currently among one of the most advanced companies in the RFID Ultra High Frequency (UHF) sector. This acquisition enables Datalogic to widen its product offering, above all in the Retail (non food) segment, in warehousing and in the T&L segment, through the co-development of new products and managing new application areas with a high growth rate.
The Chairman and CEO of the Datalogic Group, Romano Volta , commented: 'With this operation Datalogic confirms its strong focus on technology, with a wide vision. Indeed, thanks to this agreement with CAEN RFID, Datalogic can extend its offer with the development of complementary technology products, improve its competitive position and expand its presence in a highly innovative market with a strong potential for growth. The Datalogic Group can offer its partners and customers the best solutions in all the sectors in which it operates, while keeping a watchful eye on new business opportunities and innovative technology'.
Adriano Bigongiari, CEO of CAEN RFID s.r.l.,commented: 'We are proud of Datalogic's decision to participate in our growth project. Thanks to Datalogic's experience and CAEN RFID's leadership in the Radio Frequency Identification (RFID) sector, we are confident that together we will succeed in developing new solutions in the RFID sector where there is huge potential. With this synergy between the two companies, CAEN RFID's current offer, which already covers all the typical areas of application of the technology, can be widened and improved. I would also like to recall the fact that CAEN RFID was one ofthe first partners of EPCglobal (Electronic Product Code), the consortium that defined the standards that are now globally recognized and accepted'.
About CAEN RFID
CAEN RFID is a leading Italian company in the design and production of RFID UHF readers and tags. CAEN RFID was the first company in Europe to produce and distribute UHF readers. Its active involvement in the EPC Global, AIM Europe and ETSI work groups have allowed it to provide RFID readers and tags which are in the vanguard of existing technology. Amongst these the easy2read© readers/writers have been designed to permit the use of one single identification technology for reading either at close range or at a range of several meters; the semi-passive easy2log© tag can be used for the monitoring and recording of temperatures of perishable products in transit (such as food or chemical/pharmaceutical products in cold storage).
CAEN RFID S.r.l.
Tel.: +39 0584 388398
Datalogic Group is a global leader in Automatic Data Capture and Industrial Automation markets. As a world-class producer of bar code readers, mobile computers, sensors, vision systems and laser marking systems, Datalogic offers innovative solutions for a full range of applications in the retail, transportation & logistics, manufacturing and healthcare industries. With products used in over a third of world's supermarkets and points of sale, airports, shipping and postal services, Datalogic is in a unique position to deliver solutions that can make life easier and more efficient for people. Datalogic S.p.A., listed on the STAR segment of the Italian Stock Exchange since 2001 as DAL.MI, is headquartered in Lippo di Calderara di Reno (Bologna). Datalogic Group as of today employs about 2,400 members of staff worldwide distributed in 30 countries. In 2014 Datalogic Group achieved revenues for 464.5 million Euro and invested over 43 million Euro in Research and Development with a portfolio of over 1,100 patents across the world. For more news and information on Datalogic, please visit www.datalogic.com. Datalogic and the Datalogic logo are registered trademarks of Datalogic S.p.A. in many countries, including the U.S.A. and E.U.
Tel.: +39 051 31 47 011