On March 18, 2014, the board of directors of ADLINK Technology decided to acquire a 100% stake in PENTA GmbH, Germany, for approximately US$7.4 million.
Founded in 1994, PENTA GmbH is located in Deggendorf and Puchheim, Germany. It employs approximately 40 people and is mainly based on R&D technicians. The company has excellent independent research and development and manufacturing capabilities for medical embedded computer systems and displays, and has established a complete sales system with PENTA's own brand. The products are mainly supplied to the medical, industrial automation and food and beverage industry markets with strict quality requirements.
Liu Wei, Chairman of ADLINK Technology, said that through the rigorous product design and manufacturing capabilities of the German PENTA team, the application of the ADLINK product line in the medical field will be further improved, and such high-profile products can be adopted. The line expands into other areas where quality is critical. Through this acquisition, ADLINK will give full play to the comprehensive effects of market sales, manufacturing, and product integrity. Combined with PENTA's technical team, it will not only provide European customers with more real-time technical support services, but also expand Ling. Hua Technology's share of the global medical market.
PENTA founder and executive directors Helmut Müller and Walter Steinbeisser expressed their full confidence in the combined effect of the rapid acquisition of ADLINK and the benefits to customers. According to Helmut Müller, PENTA and ADLINK are equally focused on innovation, quality and flexible customer service. In the future, through the global organization of ADLINK, PENTA's high-quality products will be expanded globally and provide optimized services. Walter Steinbeisser believes that the integration of ADLINK's product line and manufacturing system will guarantee more product lines and more complete quality services to customers.
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