Roper Industries, Inc. has agreed to purchase RFID company Transcore Holdings, Inc. for approximately $600 million.
Oct. 7, 2004
Roper Industries, Inc. has agreed to purchase RFID company Transcore Holdings, Inc. for approximately $600 million. Transcore will continue to operate as a standalone unit and continue to market its products under its current brand name, Roper said.
Transcore’s products are used to automate traffic control, toll systems, and automate business processes for its customers based primarily in North America. It provided the trucking industry with products related to security, asset location and tracking.
Transcore president & CEO John Worthington and the rest of the firm’s senior management team will continue to lead the business.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
In a move that will impact vocational fleets, Allison aims to integrate Dana's off-highway drivetrain and propulsion technologies into its expansive commercial vehicle supplier...
