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Korenix Technology Acquired by Beijer Electronics - Korenix Technology, has been acquired by the Swedish public company Beijer Electronics, a fast growing technology company with extensive experience of industrial automation and robust data communication
Korenix Technology Acquired by Beijer Electronics

 

PRZOOM - /newswire/ - Taipei, Taiwan, 2010/12/16 - Korenix Technology, has been acquired by the Swedish public company Beijer Electronics, a fast growing technology company with extensive experience of industrial automation and robust data communication.

   
 
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Korenix Technology, the Asian major manufacturer for industrial data communication, has been acquired by the Swedish public company Beijer Electronics, a fast growing technology company with extensive experience of industrial automation and robust data communication.

Korenix Technology will continue its operations with existing organization and management team now as as a part of the Beijer Electronics Group. With Westermo, Korenix will be part of the business area Industrial Data communication (IDC) and together offer a very strong product range to the world wide market.

Beijer Electronics' CEO, Fredrik Jönsson, comments on the acquisition:
"We see a tremendous potential in the cooperation between Westermo and Korenix. The respective product lines are complementary and there is a good fit geographically as well,” says Fredrik Jönsson, President and CEO of Beijer Electronics.

John Lin, the co-founder and chairman of Korenix states “Globalization is the worldwide trend and Korenix is ambitious to grow business with the Beijer Electronics Group as an international company. Now Korenix (korenix.com) has new opportunities to speed up the product development and increase the market expansion in Asia, especially China, to provide Beijer Electronics and Westermo a strong business base in the Asian market”.

To get more information, please contact Korenix Sales!

 
 
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Agency / Source: Korenix Technology Co., Ltd

 
 

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Korenix Technology Acquired by Beijer Electronics

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Contact: Korenix.com 
+886-2-8911-1000 sales[.]korenix.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Korenix Technology Co., Ltd securities in any jurisdiction including any other companies listed or named in this release.

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