Phoenix Contact acquires Perle Systems
September 16, 2016
By Manufacturing AUTOMATION
Sept. 16, 2016 – Phoenix Contact GmbH & Co. KG says it is expanding its expertise in industrial network technology with its recent acquisition of Canadian network specialist Perle Systems Ltd.
Based in Toronto, Ont., Perle Systems provides products and solutions for industrial networks. Since 1976, the company has been developing and selling media converters, industrial Ethernet switches, and serial devices. The company will continue its business operations under its own name.
“It is the objective of Phoenix Contact to expand the new subsidiary to another competence center for industrial networking within the Group,” said the company in a statement.
“Perle Systems has extensive product know-how and successfully operates a global online business. This constitutes an important reinforcement for us with regard to the digitalization of business models. Due to the incorporation of this know-how, we complement our product portfolio and furthermore gain a valuable development resource,” said Frank Stührenberg, Phoenix Contact CEO.
Phoenix Contact develops and manufactures industrial electrical and electronic technology products that power, protect, connect and automate systems and equipment for a range of industries. It supports the Canadian market with technical and commercial service, sales, logistics and marketing through sales offices and training centres in Quebec, Alberta and British Columbia. Its Canadian headquarters are in Milton, Ont.
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