Industry News

Parelec Expands RFID Platforms with Acquisition of Real Time Location System Provider

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Parelec Inc., Rocky Hill, NJ, a leading manufacturer of conductive inks for RFID antenna and other direct printed circuits, has acquired Precision Systems, Raanana, Israel, a top supplier of real time location systems, positioning the new merged company as one of the leading total RFID solution providers in the market today. “This represents a significant milestone for Parelec. Our solid grounding in mid-range, passive RFID tag technology can now be coupled with Precision Systems’ expertise ...

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