RF Monolithics adds wireless capabilities with two acquisitions


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.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
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.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

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

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me