|

HMS Networks and Red Lion Controls Join Forces for a Stronger Offering within Industrial Information and Communication Technology

April 15, 2024

HMS Networks and Red Lion Controls Join Forces for a Stronger Offering within Industrial Information and Communication Technology

HMS Networks has finalized the acquisition of Red Lion Controls from Spectris Group Holdings Limited. The two companies are now one entity and can start working together on common go-to-market strategies and product offerings

The acquisition, which was first announced December 11, 2023, has now been approved. This means that HMS Networks now has 1200 employees in 18 countries. Most staff are stationed in the U.S., Sweden and Germany.

What to expect

For HMS and Red Lion customers, there will be no initial changes. The HMS and Red Lion company names remain unchanged and product brands will be marketed and sold as before through the same channels. Production and shipping are handled from the HMS and Red Lion entities respectively. Contact details and email addresses remain, with the exception of India where Red Lion staff will get an hms-networks.com address.

Synergies ahead

Going forward, the merger of the two companies will provide many synergies, especially as it widens the American market for HMS and the European market for Red Lion. The greatest proportion of Red Lion’s sales comes from North America, through a well-developed distributor network that HMS will be able to utilize to drive sales of HMS’ gateway and remote access offering. With about 60 percent of its sales in the large automation markets in Europe and well-developed and targeted market channels, HMS will be able to cross-sell selected parts of the Red Lion offering in Europe.

“We are thrilled to welcome all new employees and valued customers of Red Lion to the HMS Networks family, marking an exciting new chapter in our journey. As we now jointly initiate the integration process, we look forward to leveraging our combined strengths, shared values, and commitment to delivering exceptional customer value. Over the next few quarters, our focus will be on ensuring a seamless integration and actively pursuing synergies between our companies. Together, we look forward to accelerating our position in the North American market.”, says Staffan Dahlström, President and CEO of HMS.

More Information

More information to come as the integration work progresses.
www.hms-networks.com
www.redlion.net

Source

Related Story

HMS Networks Releases Raspberry Pi Adapter Board – Further Simplifying the Integration of the Anybus CompactCom

HMS Networks has launched the Raspberry Pi adapter board, providing industrial device manufacturers with a simplified method to test and evaluate the Anybus CompactCom, a ready-made communication interface that connects devices to any industrial network. While previous adapter boards were designed for testing Anybus CompactCom modules with STM32 or NXP (formerly Freescale) microcontroller platforms, this new adapter board is specifically tailored for use with the Raspberry Pi.

Related Articles


Latest Articles

  • Festo’s Innovative Solutions for Laboratory Automation

    May 28, 2024 By Krystie Johnston ATS Life Sciences Systems relies on Festo’s automation experience to develop customized pipetting solutions that exceed the capabilities of existing liquid handling technology on the market. Festo in the Life Science Industry The healthcare industry encounters numerous challenges in meeting demand and time-to-market for new products and innovations. Festo’s… Read More…

  • Proemial Answers Your Queries with Scientific Backing

    May 24, 2024 Proemial, a newly launched platform that answers your queries with scientific backing, is available as a beta version for anyone to use, for any question you have By Krystie Johnston Proemial is a startup company supported by gurus of the world’s leading tech organizations such as Apple, Amazon, and Meta. Their first… Read More…


Featured Article

Revolutionizing Material Movement with Autonomous Mobile Robots

Revolutionizing Material Movement with Autonomous Mobile Robots

In today’s fast-paced manufacturing and logistics industries, the need for efficient and flexible material movement solutions has never been greater. Traditional methods like conveyor systems, forklifts, and manual pushcarts have served us well, but they come with limitations.

That’s why Omron is thrilled to announce the launch of their game-changing MD Series of Autonomous Mobile Robots (AMRs). Read more


Products