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By Beth Bacheldor

Datalogic Acquires 20 Percent Stake in CAEN RFID

Datalogic Group, a global provider of bar-code readers; mobile computers; sensors for detection, measurement and safety; vision systems; and laser-marking equipment, has announced a new investment in RFID technology via a 20 percent acquisition of CAEN RFID, a global provider of ultrahigh-frequency (UHF) RFID products. Datalogic will become a shareholder of CAEN RFID through a capital increase of €550,000 ($617,000), to drive company development and growth, the company says. As part of the agreement, the two companies also will collaborate on the development of new products and the integration of Datalogic's and CAEN RFID's current offerings and solutions.

According to Datalogic, the acquisition enables Datalogic to widen its product offering, particularly in the retail (non-food), warehousing, transportation and logistics segments, through the co-development of new products and managing new application areas with a high growth rate.

"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," said Romano Volta, Datalogic's chairman and CEO, in a prepared statement. "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."

Marcello Givoletti, CAEN Group's CEO, added in the statement, "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 of the first partners of EPCglobal, the consortium that defined the standards that are now globally recognized and accepted."

Datalogic Group offers solutions for a range of applications in the retail, transportation, logistics, manufacturing and health-care industries. CAEN RFID's product portfolio includes such products as the qIDmini, a keyfob Bluetooth UHF RFID reader of its easy2read family and integrated UHF RFID USB/Bluetooth Interrogators. Its portfolio also includes, among other products, specialty EPC Gen 2 (ISO 18000-6C) RFID tags for a variety of automatic-identification applications in fashion, food, manufacturing, public administration, logistics, transportation and other applications, UHF electronic seals (e-seals), and UHF readers and reader gates.

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