Jaltek Group Acquires IRIS Technology Limited - 5th June 2009
PRLog (Press Release) –
Jun 04, 2009 – Leading technology services and solutions development group, Jaltek, has recently completed the acquisition of Lancaster based IRIS Technology Ltd, a highly regarded remote asset telemetry and monitoring solutions company.
By acquiring IRIS, Jaltek has further expanded its service offering to include established world-class expertise in telemetry product design and supporting networks, video/data fusion, ADSL networks and fibre optic communications solutions. Accordingly, IRIS’ customer base gains access to Jaltek’s extensive, multi-centred manufacturing, PCB design and software design capabilities. The acquisition complements Jaltek’s wireless technology solution focus and confirms that Jaltek Group is on course with its strategy of developing its portfolio of expertise to provide added value to its growing customer base.
IRIS Technology Limited was formed in January 2001 as a specialist telemetry designer and supplier to the offshore oil and gas industry. In March 2002 MIRA, the UK Motor Industry Research Association awarded IRIS with a contract to develop and supply a ‘black box’ to interface directly to the vehicle CANBus and allow real time data to be communicated over GSM telemetry. Since that time IRIS has successfully secured partnerships with major automotive industry providers to present a range of telemetry services to major vehicle manufacturers globally.
IRIS’s unique, class leading, low power, multi function CANbus enabled hardware has resulted in successful deployment of a wide variety of innovative industry solutions ranging from standalone solar powered trailer monitoring solutions for the dynamic logistics environment, through to full automotive remote diagnostic and customer correlation programmes for automotive vehicle manufacturers.
David Ireland, Managing Director of IRIS Technology summed up the acquisition: “Jaltek brings a level of investment, scale and well established specialist experience in areas that will enhance the range of services we can provide to our customers and support the ongoing development of our telemetry solutions. This is an exciting time for IRIS and the next logical step to accelerate growth. I look forward to taking the company forward.”
Pravin Sood, CEO of Jaltek Group added: “IRIS is an excellent fit for Jaltek in terms of specialist skills and market positioning. This acquisition means that we will expand our customer base and value added offering and give us valuable exposure to new opportunities. In particular, growing interest in remote wireless telemetry monitoring systems across a variety of industry sectors presents a significant new opportunity for the Jaltek Group.”
About Iris Technology
IRIS Technology, based in Lancaster, UK, is a leading European organisation specialising in remote asset telemetry and monitoring solutions. Its modular telematic and security systems are used in a diverse range of applications including automotive and offshore oil and gas. IRIS telemetry technology features full compatibility with every type of communications media from fibre optic and WiFi to GSM and CDMA.
About Jaltek Group
Jaltek Group is a leading technology solutions organisation and provides a comprehensive range of vertically integrated design and manufacturing services, innovative wireless communications, asset & personal telemetry solutions and bespoke systems development.
Privately owned and exhibiting continued growth since being established in 1998, The Jaltek Group Headquarters is based in Luton, England and has multiple facilities located in the UK and India.
For more information, contact:
David Roome
Group Marketing Manager
Jaltek Group
T: +44 (0) 1582 578170
M: +44 (0) 7826 946437
davidr@jaltek.com
www.jaltek-group.com
# # #
About Iris Technology
IRIS Technology, based in Lancaster, UK, is a leading European organisation specialising in remote asset telemetry and monitoring solutions. Its modular telematic and security systems are used in a diverse range of applications including automotive and offshore oil and gas. IRIS telemetry technology features full compatibility with every type of communications media from fibre optic and WiFi to GSM and CDMA.
About Jaltek Group
Jaltek Group is a leading technology solutions organisation and provides a comprehensive range of vertically
integrated design and manufacturing services, innovative wireless communications, asset & personal telemetry
solutions and bespoke systems development.
Privately owned and exhibiting continued growth since being established in 1998, The Jaltek Group Headquarters is
based in Luton, England and has multiple facilities located in the UK and India.
- PennyStockChaser.com Alert: Alexa.com ranks PennyStockChaser number one in the business!
- Early Bird Registration for Distressed Investing Leaders Forum 2009 Set to Expire on July 8th
- Possibilityadvocate.com Plans To Be A Permanent Part Of The Human Lexicon 400 Years From Now.
- Pennsylvania CD Rates for June 19, 2009 from SelectCDrates.com
- What Does It Take To Survive A Weak Economy?
- Jeff Slaton 9 Deadly Mistakes To Avoid When Selling A Business
- Khelostocks launches free virtual stocks trading framework for B-school and Tech-School
- Pounds till Payday Loans:-Get Instant cash for your Next payday
- New Moon Yoga LLC Rises Above Recession
- Expert SEO: How to get Massive Exposure fast (Free ebook)
- Did Michelle Obama Break Royal Protocol
- 3 Months payday loans: No Hassle of Paper work
- Websites Design and Development at Cheap Prices
- Soft Safe Home Cleaning Experts 904-637-9653
- Desi11.com - Free Desi Yellow Pages & Search Directory - Launching Soon
PRLog (Press Release) – Jun 14, 2009 – Alexa.com shows that PennyStockChaser.com is a the right place to get all your hot penny stock news! Alexa.com is the leading online site to gather information about world wide web traffic, site rankings and statistical analysis. Alexa.com ranks websites aroun
PRLog (Press Release) – Jul 02, 2009 – Early Bird Registration for GoldenNetworking.com’s highly anticipated Distressed Investing Leaders Forum 2009 is set to expire on July 8th, at midnight. Special discounts have been established for groups of 3 or more participants from the same company. This ex
PRLog (Press Release) – Jul 22, 2009 – “It’s easy to be the cynic and play the Devil’s Advocate. It is more challenging and rewarding to help individuals and companies find solutions. With six billion people on the planet, and double digit unemployment in much of the United States, it very well may
PRLog (Press Release) – Jun 27, 2009 – Yields on certificates of deposit in Pennsylvania were down for the week but the rate of decline was restrained on the shorter term CDs. The average of the best five year CD rates in Pennsylvania lost four basis points or 4/100 of a percent off their yield to
PRLog (Press Release) – Jul 15, 2009 – SEATTLE, WA - American consumers are frustrated and angry with the large corporate strangle hold on what is sold in the mega box stores. Now more than ever, American consumers are looking within their community to spend their dollars with locally owned busines
PRLog (Press Release) – Jul 08, 2009 – 9 Deadly Mistakes When Selling A Business 1. Allowing personal milestones such as age, health or financial conditions to dictate timing Every successful business owner understands the value of timing. It can make or break a deal. Yet they often forget how
PRLog (Press Release) – Jul 01, 2009 – Khelostocks, the premier stocks gaming and investor education website in India, has released its private gaming framework which can be used by colleges across India to organize online stock trading contest for free. First phase of this framework was released i
PRLog (Press Release) – Jul 05, 2009 – Sometimes pounds in the pocket not last till next or upcoming payday. Most of the UK residents are facing this problem in mid of the month as due global crisis they are facing harder to maintain their current standard of living. Furthermore, this ends in tough
PRLog (Press Release) – Jun 23, 2009 – A new yoga studio, New Moon Yoga LLC, opened its doors last month on West Knoxville’s busy Cedar Bluff Rd. “It’s not exactly the best time to be starting a business,” said New Moon’s sole partner and head yoga instructor David Morgan, “but then again, when peo
PRLog (Press Release) – Jun 01, 2009 – Rosemary Donald the leading SEO Consultant at Sitecontent4u.com shares with you the insider secrets that put Rank 1 websites at the top of Google, Yahoo & MSN. There are no gimmicks just proven website marketing techniques that are guaranteed to get your webs
PRLog (Press Release) – Jul 14, 2009 – (Phoenix, AZ) – Just a few months ago, media pundits from TIME magazine, CNN, The Huffington Post, and The Guardian, just to name a few, were in a dither debating if First Lady Michelle Obama had committed a faux pas when she touched the Queen of England durin
PRLog (Press Release) – Jul 05, 2009 – Today income is limited and expenses are unlimited. Mostly Salaried people are suffering from this trouble because they have limited quantity of money. At the time of importance they don’t have urgent cash. So, any time you need money at short time period, tha
PRLog (Press Release) – Jun 15, 2009 – The first impression is the best impression. In an attempt to create cheap websites design that capture the fast eye of the public browsing the internet, convey what the quality affordable websites are supposed to deliver and communicate the fine points that a
PRLog (Press Release) – Jun 29, 2009 – 4th of JULY Pressure Washing Special All 1 story homes 200.00&driveway All 2 story homes 300.00 & driveway Flat Rate only until July 4th. This includes the complete exterior of home except for roof. This price also includes the driveway pressure washed. Any ad
PRLog (Press Release) – Jul 03, 2009 – Monty Harry LLC today announced to soon launch a unique new website called Desi11.com. This new absolutely free Internet yellow pages & search directory will serve South Asian (Desi) community and will offer Desi consumers, business owners, professionals and s