Product category:
Measurement and Quality Software and SPC
News Release from: ASI DataMyte
Edited by the Manufacturingtalk Editorial
Team on 27 April 2005
Expanding in Europe
ASI DataMyte has announced that it has reached agreement to acquire 100% ownership of Universal Elektronik , Hannover, Germany.
ASI DataMyte has announced that it has reached agreement to acquire 100% ownership of Universal Elektronik , Hannover, Germany The transaction is expected to close May 2, 2005, and post acquisition the company will operate as ASI DataMyte
This article was originally published on Manufacturingtalk on 24 Jun 2008 at 8.00am (UK)
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Manfred Weinert and Sven Schiron will continue as managing directors of the company.
Universal Elektronik has been a distributor of ASI DataMyte products since 1984 and is the European service arm of ASI DataMyte.
It also manufactures and resells a range of products for the torque and gap and flush applications, principally in the automotive markets, and it is the exclusive European distributor of the LaserGauge laser measuring device manufactured by Origin Technologies "This acquisition is very important to ASI DataMyte for several reasons," said Frank Voigt, the company's President and CEO.
"First, it substantiates our ongoing commitment to the European market and the importance of that market in our future plans.
Second, it solidifies our position as a global provider of manufacturing quality solutions, and together with our coming expansion into China, confirms our uniqueness as the single provider in our market truly capable of supporting our products on a global basis.
Finally, it will substantially broaden the range of ASI DataMyte products that we will offer globally." "We have long appreciated the importance of a direct presence in Europe," Mr Voigt continued, "and we could not be more pleased than to join with our long-time colleagues at Universal Elektronik to finally make this a reality.
ASI DataMyte will give us much more direct contact with our European customers and partners and will provide a natural bond to the new EU member countries in Eastern Europe." ASI DataMyte provides total quality solutions for the manufacturing marketplace with products ranging from quality documentation software to factory floor data collection, analysis and reporting systems. Request free introductory details about products from ASI DataMyte ...
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