Fujitsu, the Japanese electronics and communications giant, has acquired GlobeRanger, a Texas-based RFID and mobility solutions provider. Read more in Fujitsu’s press release below:
Fujitsu Acquires GlobeRanger to Accelerate Top Line Growth in its Defence and National Security Business
Acquisition supports Fujitsu Global Defence Initiative, bringing secure solutions in an ever changing world
Fujitsu UK & Ireland
London, May 02, 2014
Fujitsu today announced the acquisition of GlobeRanger, a US based technology company that operates in the Radio Frequency Identification (RFID) technology space. The acquisition will see GlobeRanger remain as an autonomous product development and marketing unit, owned by Fujitsu UK & Ireland with Fujitsu taking a place on GlobeRanger’s Board of Directors.
Duncan Tait, Head of EMEIA, Corporate Senior Vice President, Fujitsu Limited said: “This acquisition is a key part of Fujitsu’s Global Defence Initiative which aims to harness the capabilities, technology and products from across Fujitsu’s global ICT business. It will ensure our customers can be confident of best of breed, proven and cost effective solutions for the defence and defence related industries.”
GlobeRanger has an established footprint in the US, notably with the Department of Defense, where it is highly regarded and used by many DoD departments for their software layer for passive RFID solution technology. Considered a leader in the emergent Internet of Things (IoT) technologies, GlobeRanger’s solution removes the need for wholesale replacement of customers’ existing information systems – an issue that has hampered the growth of the RFID sector to date.
GlobeRanger’s product suite provides an extremely flexible set of tools, enabling the rapid development of system which exploits data and processes at the edge of the enterprise. For the customer this will result in a transformation of supply chain management (SCM); maintenance repair and overall (MRO) and other asset management information needs by providing automatic, accurate and timely data on an asset’s geographical location enabling Business Processes to be executed even when Enterprise services are unavailable.
The merger will bring together the strength and global reach of Fujitsu in taking products to market, with GlobeRanger’s market leading Edgeware solutions. As a result Fujitsu are able to offer global solutions optimised to customer needs in SCM and MRO. Current market estimates for RFID are expected to surpass $20Bn globally in 2014.
Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013. For more information, please see: http://www.fujitsu.com
About Fujitsu UK & Ireland
Fujitsu UK & Ireland is a leading IT systems, services and products company employing over 10,100 people with an annual revenue of £1.6 billion. Additionally, Fujitsu’s other operations in the UK bring its total employee numbers to over 14,000 and its total revenues to £1.8 billion. Its business is in enabling its customers to realise their objectives by exploiting information technology through its integrated product and service portfolio. This includes consulting, applications, systems integration, managed services and product for customers in the private and public sectors including retail, financial services, telecoms, government, defence and consumer sectors. For more information, please see: http://uk.fujitsu.com
GlobeRanger is a leading global provider of end-to-end enterprise edge solutions including RFID, mobility, and sensor-based solutions and professional services. Its innovative Edgeware™ platform, iMotion™, provides the critical infrastructure layer for managing devices, networks, data and processes at the edge of the enterprise, enabling real-time visibility and response. iMotion serves as the foundation for GlobeRanger and its partners to rapidly develop, deploy and manage edge solutions. Founded in 1999, GlobeRanger is headquartered in Richardson, Texas. For more information, visit: www.globeranger.com.