SECO announced that it has acquired InHand, a Maryland-based provider of low-power rugged embedded systems and software.
"The acquisition of InHand significantly expands SECO’s dimension in the United States, positioning our Group in an ideal set-up to meet the growing demands from medical, defense, and industrial US-based customers," said president and ceo of SECO USA, Greg Nicoloso, in a press release. "The extensive competencies in engineering, development, and manufacturing generated as a result of the integration between SECO USA and InHand represent a significant added value for the combined company’s customers”.
Founded in 1984 as DVP and renamed InHand Electronics in 2000, InHand is known for designing and manufacturing commercial off-the-shelf (COTS) Single Board Computers (SBC) and tablet platforms for OEMs of wireless, IoT, and handheld electronic devices. The company is ITAR registered for engineering design services and products, headquartered in Rockville, Maryland, has approximately 20 employees and is expected to grow significantly through its integration with SECO USA over the next 3 years.
As a result of the transaction SECO USA and InHand Electronics jointly operate as a single company named SECO InHand. The SECO InHand Board of Directors will be formed by Nicoloso, Les Goodman (Chairman), Carlos Valeiras (CFO), Mark Price (CTO), and Massimo Mauri (Director).
For more information, visit http://www.seco.com/.
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