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Rush Tracking Systems Merges With Sky-Trax
The newly combined company will offer a more comprehensive range of solutions, enabling users to track forklifts, goods and materials using optical sensors and RFID, while also providing analytics to help customers manage the efficiency of their facilities and drivers.
By Claire Swedberg
July 19, 2011—Rush Tracking Systems, a Kansas-based RFID systems integrator and solutions provider, has merged with Sky-Trax Inc. to form a new firm that will offer a combined solution to help companies better monitor and analyze the locations and status of forklifts and the loads they carry. The new company will market its smart-truck solution to product manufacturers and warehouses, as a means for managing such vehicles, as well as the goods and materials they move.
Rush Tracking Systems traditionally provides RFID systems and integration services for lift-truck management at warehouses and factories, while Sky-Trax, through its distributors, sells an optical-based location-tracking and data-collection solution for industrial vehicles. The two merging firms will continue to operate from their existing offices in Kansas and Delaware, though they have yet to determine what the new company will be called. The smart-truck solution that the new firm has developed is commercially available now, says Toby Rush, the president of Rush Tracking Systems.
The merger is the latest in a series of similar deals recently forged between RFID-related technology providers. In 2010, for example, ODIN acquired Reva Systems (see ODIN Acquires Reva Systems and ODIN Makes a Move with Reva Acquisition). And in April of this year, Awarepoint announced that it had purchased Patient Care Technology Systems (see RFID News Roundup: Awarepoint Acquires PCTS and Awarepoint's New CEO Diversifies Health-Care Offering).
In 2009, Rush Tracking Systems was purchased by Pharos Capital Group (see Rush Tracking Systems Acquired by Private Equity Firm). Rush says he does not expect this latest merger to be his company's last acquisition.
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July 19, 2011—Rush Tracking Systems, a Kansas-based RFID systems integrator and solutions provider, has merged with Sky-Trax Inc. to form a new firm that will offer a combined solution to help companies better monitor and analyze the locations and status of forklifts and the loads they carry. The new company will market its smart-truck solution to product manufacturers and warehouses, as a means for managing such vehicles, as well as the goods and materials they move.
Rush Tracking Systems traditionally provides RFID systems and integration services for lift-truck management at warehouses and factories, while Sky-Trax, through its distributors, sells an optical-based location-tracking and data-collection solution for industrial vehicles. The two merging firms will continue to operate from their existing offices in Kansas and Delaware, though they have yet to determine what the new company will be called. The smart-truck solution that the new firm has developed is commercially available now, says Toby Rush, the president of Rush Tracking Systems.
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| Toby Rush, president of Rush Tracking Systems |
In 2009, Rush Tracking Systems was purchased by Pharos Capital Group (see Rush Tracking Systems Acquired by Private Equity Firm). Rush says he does not expect this latest merger to be his company's last acquisition.
