Handheld acquires TimbaTec

The Handheld Group of Sweden, a manufacturer of rugged PDAs and mobile devices, has acquired TimbaTec, a supplier of rugged mobile computers in Germany, Austria and Switzerland from Latschbacher, a supplier of computers, software and RFID tagging equipment for the forest industry, and Handheld’s existing distribution partner in Germany, Austria and Switzerland. Handheld will turn TimbaTec into two wholly owned new companies, Handheld Germany and Handheld Swiss, which both will be fully owned by Handheld Gro
March 23, 2012 Read time: 2 mins
The 758 Handheld Group of Sweden, a manufacturer of rugged PDAs and mobile devices, has acquired TimbaTec, a supplier of rugged mobile computers in Germany, Austria and Switzerland from Latschbacher, a supplier of computers, software and RFID tagging equipment for the forest industry, and Handheld’s existing distribution partner in Germany, Austria and Switzerland. Handheld will turn TimbaTec into two wholly owned new companies, Handheld Germany and Handheld Swiss, which both will be fully owned by Handheld Group. TimbaTec’s annual revenues are currently around US$4 million. The new offices in Germany and Switzerland will join the group’s existing offices in Sweden (headquarters), Finland, the Netherlands, Italy, Australia and the USA.

”This is a strategically very important acquisition for the Handheld Group”, said Jerker Hellström, CEO of Handheld Group. “The German speaking markets are the largest and most important markets for rugged mobile computers in Europe, and we believe that we can accelerate our growth in Central Europe by applying our successful and proven business and marketing models to these two new subsidiaries.”

For more information on companies in this article

Related Content

  • Fontinalis Partners invests in SQLstream
    April 19, 2012
    Fontinalis Partners, a strategic investment firm, has invested in San Francisco-headquartered SQLstream Inc., which claims to be the first standards-based stream computing platform to enable companies to exploit and monetize their real-time service and sensor data.
    Read More
  • Masabi JustRide SDK brings mobile ticketing to existing apps
    December 15, 2016
    Mobile ticketing and fare collection solutions provider Masabi has launched the JustRide SDK mobile ticketing software development kit (SDK) for the transport industry, allowing Masabi’s strategic partners to incorporate mobile ticketing into existing apps, extending the functionality, while adding a new revenue stream. French Transport giant Keolis is the first SDK customer, through its digital subsidiary, Kisio. It has integrated Masabi ticketing along with validation technology and retail analytics
    Read More
  • Dynamic charging boosts electric vehicles’ potential
    December 16, 2014
    With an increasing need to use electric vehicles in city centres to reduce pollution, David Crawford looks at various solutions to power delivery. The UN’s September 2014 Climate Summit has added fresh momentum to the drive to increase urban electric vehicle (EV) takeup. It has launched the Urban Electric Mobility Initiative, which wants to see EVs accounting for 30% of all urban travel by 2030, and make cities worldwide more friendly to their use. Encouragingly, the plan is being well supported by commerci
    Read More
  • MaaS Global 'reorganises' for 'new route'
    October 12, 2022
    Mobility as a Service specialist lays off staff and seeks new partners as it reviews operations
    Read More

Highlighted Content