RF Monolithics adds wireless capabilities with two acquisitions

09/05/2006


Dallas, TX— RF Monolithics Inc . (RFM) says it made significant strides toward becoming a source of comprehensive wireless systems with two acquisitions last week. The company signed definitive agreements to buy Cirronet Inc ., a wireless data communications and networking company, and Caver-Morehead Systems Inc ., a computerized maintenance management systems vendor. Both are privately held companies. The move is said to give RFM a suite of hardware, protocols, software, and related services to allow users to implement and deploy value-added applications and smart services in their operations.

The Cirronet acquisition is valued at roughly $24 million in cash and stock, including approximately $4.8 million subject to the attainment of performance goals after closing. The Caver-Morehead deal is valued at about $4 million, all cash including up to $2 million subject to earn out. RFM expects the two acquisitions to contribute $14 to $16 million in combined sales during the next fiscal year.

David M. Kirk, RFM's president and CEO, said he believes the combination of the three companies will provide users with 'end-to-end pervasive Internet solutions. To our knowledge, no one else combines such a broad line of wireless offerings with a value-added application and services platform.'

RFM provides connections to extend the Internet to communicate with unconnected machines through a broad range of low-power wireless networks and components. Cirronet supplies wireless modules and box products in the license-free 900 MHz, 2.4 GHz, and 5.8 GHz ISM bands to device OEM manufacturers, integrators, and end-users. Caver-Morehead's CMMS software gives users the ability to use and manage the data they have, collected by a wired or wireless data collection infrastructure.

—Control Engineering Daily News Desk
Jeanine Katzel , senior editor





No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Big Data and IIoT value; Monitoring Big Data; Robotics safety standards and programming; Learning about PID
Motor specification guidelines; Understanding multivariable control; Improving a safety instrumented system; 2017 Engineers' Choice Award Winners
Selecting the best controller from several viewpoints; System integrator advice for the IIoT; TSN and real-time Ethernet; Questions to ask when selecting a VFD; Action items for an aging PLC/DCS
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Motion control advances and solutions can help with machine control, automated control on assembly lines, integration of robotics and automation, and machine safety.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Big Data and bigger solutions; Tablet technologies; SCADA developments
SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
click me