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

  • First Swiss AV takes to the roads
    May 15, 2015
    Switzerland is testing its first autonomous vehicle (AV) on the streets of Zurich. Developed in cooperation with Swiss telecommunications group Swisscom, the Federal Department of Environment, Transport, Energy and Communications (UVEK) and Germany’s Autonomos Labs, the heavily modified VW Passat has been equipped with sensors, computers and software. The computer system drives, steers and brakes the vehicle autonomously and detects other vehicles and pedestrians by means of laser scanners, radar and vid
    Read More
  • New Mersey crossing ends Halton’s congestion misery
    December 5, 2017
    Plagued by intolerable congestion but denied government funding for its solution, tiny Halton Borough Council relentlessly pursued its vision and achieved what many believed impossible. Halton may be a small local authority in north west England, but it had a big traffic problem. However, as the road, or more particularly the bridge, involved was not deemed a strategic route, central government would not commission or even fund a solution - a problem that many other local authorities will recognise.
    Read More
  • New beginning for Think EV car maker
    April 19, 2012
    A court-appointed trustee has selected Russian entrepreneur Boris G. Zingarevich, whose investment operations are based in St. Petersburg, Russia, as the winning bidder for Think Global electric vehicle manufacturer, following a bankruptcy proceeding initiated by the Norwegian carmaker last month. In addition, Zingarevich has signed a memorandum of understanding with American advanced lithium-ion battery maker Ener1, and Finnish automobile engineering and manufacturing concern Valmet Automotive, to cooperat
    Read More
  • u-blox GPS satellite receiver module aids unmanned microdrone flight
    July 2, 2013
    Equipped with an on board u-blox GPS satellite receiver module, a microdrone from German light-weight vertical take off and landing vehicles (VTOLs) manufacturer, microdrones, has successfully completed a high-precision aerial journey over the Alps from Switzerland towards Italy. Precise GPS coordinates and elevation were crucial for navigating obstacles and completing the flight in punishing weather conditions. Carrying a high-resolution video camera, the autonomous microdrone completed 18 pre-programmed
    Read More

Highlighted Content