A recent report billed as “the industry’s first scientific evaluation of passive RFID tags designed to work on metal objects” claims to have “busted” the myth that radio frequency identification (RFID
The total market for radio frequency identification (RFID) will turn over approximately U$9.7 billion by 2013, representing roughly a 15 percent compound annual growth rate for the period from 2008, a
Intermec announced that its EA15 scan engine has been chosen by Motion Computing, a manufacturer of tablet PCs for the health care industry, to serve as
Honeywell International has agreed to pay some US$720 million for Metrologic Instruments, the data capture and collection software company. Metrologic's operations will be integrated with Honeywell Security, part of its Automation and Control Solutions business.Metrologic, which makes laser and imaging bar code scanners, area imagers and rugged mobile computers, is majority-owned by Francisco Partners, a private-equity firm. Its revenue was $246 million in 2007, with about 65% of business coming from outside North America."The acquisition of Metrologic adds to the momentum we have generated throughout our ACS business, by focusing on high-growth industries, and is consistent with our disciplined approach to acquisitions," Honeywell ACS Chief Executive Roger Fradin said. “By building on our recent acquisition of Hand Held Products, a leading manufacturer of Automatic Identification and Data Collection (AIDC) solutions, we will be well-positioned in a $16 billion industry with double-digit growth potential driven by the increased demand for information along the global supply chain.”.
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