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Orolia Acquires Rapco Electronics
Rapco Electronics Ltd. is to merge with Orolia’s Spectracom unit, which will offer a high level of local service and support to customers throughout the UK and Ireland, across Europe as a whole and North America.
As a part of its global strategy to expand the group’s presence and capabilities, Orolia has announced the closing of the transaction to acquire Rapco Electronics Ltd. and the formation of Orolia Global Services Ltd. Orolia Global Services, which will be based in Basingstoke, Hampshire, UK, will serve as a strategic location for regional sales and services for all Orolia group companies, including Spectracom, SpectraTime and Pendulum Instruments.
Rapco Electronics has a strong heritage in developing time and frequency products and in the integration of systems for defense, satellite and commercial communications networks. In conjunction with the acquisition, the business of Rapco will be carried forward under Orolia’s Spectracom unit. Spectracom is a leading supplier of network-based synchronization solutions for public safety, broadcast, defense and commercial enterprise markets. The combination of the two entities in Western Europe under the Spectracom banner provides best-in-class product solutions, as well as value-added systems capabilities with local service and support.
Jean-Yves Courtois, Orolia CEO and chairman, commented, “This is another solid step in building a strong sales, service and support capability for the time and frequency community. We are pleased to have the strengths of Rapco and Spectracom working together for the long-term success of our customers.”