Emerson, Sun Chemical make acquisitions while PragmatIC gets funding from Avery Dennison.
David Savastano, Editor10.26.16
One sign of growth in an industry is when acquisitions or investments are made by major corporations into companies. After a period of relative quiet, the flexible and printed electronics industry has seen quite a few moves in the last few months. Here are three that caught my eye:
• Emerson Acquires PakSense: Cold chain management is an ideal opportunity for temperature sensors, and Emerson has a strong presence in the field. The addition of PakSense, a industry leader in the area of temperature monitoring solutions, Locus Traxx, a specialist in real-time temperature loggers, adds to Emerson’s capabilities.
The acquisition is already paying dividends for Emerson, which launched its UltraNFC temperature monitoring label, developed by PakSense, which monitor time and temperature of perishable items and transfers the data wirelessly.
“This is a strong growth market for Emerson,” said Bob Sharp, EVP and commerc
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