ADLINK Acquires German PENTA

ADLINK Acquires German PENTA

On March 12, the board of directors of ADLINK Technology Co., Ltd. decided to acquire 100% equity of PENTA GmbH in Germany for approximately US$7.4 million.

Founded in 1994, PENTA GmbH is located in Deggendorf and Puchheim, Germany. It employs about 40 people and is mainly based on R&D technicians. The company has excellent self-designed R&D and manufacturing capabilities for medical embedded computer systems and displays, and 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 stringent quality requirements.

Chairman of ADLINK Technology Co., Ltd. Liu Wei stated that through the rigorous product design and manufacturing capabilities of the German PENTA team, ADLINK's product line will be further enhanced in the medical field and can be used in such high-profile products. The line expands in other areas where quality requirements are stringent. Through this acquisition, ADLINK will give full play to the combined 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. China Technology's market share in the global medical market.

PENTA founder and executive director Helmut Müller and Walter Steinbeisser expressed their full confidence in the combined results that can be quickly achieved by joining ADLINK and the benefits to customers. Helmut Müller stated that PENTA and ADLINK also value innovation, quality and flexible customer service. In the future, through ADLINK's global organization, PENTA's high-quality products will be expanded globally and optimized services will be provided. Walter Steinbeisser believes that the integration of ADLINK's product lines and manufacturing systems will ensure that customers will be provided with more product lines and more complete quality services.

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