ZBRA » Topics » proveo Acquisition

This excerpt taken from the ZBRA 8-K filed Oct 16, 2007.

proveo Acquisition

Headquartered in Crailsheim, Germany, proveo provides a complete hardware and software system addressing the real-time requirements of ground handlers within the airport. Currently deployed on airport ground support equipment (GSE), proveo solutions deliver cost savings by getting vehicles where they’re needed, when they’re needed, for more efficient asset management, increased safety and security, quality enhancement and reduction of environmental impact. Using primarily GPS location and GPRS and Wi-Fi communication technologies, the proveo system helps reduce investment and operating costs. proveo’s real-time system is currently installed at airports in Frankfurt, Munich, London, Singapore and Dubai, among others.

 

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“proveo adds to Zebra’s real-time location business, with highly complementary products, technologies and markets,” stated Phil Gerskovich, Zebra senior vice president for corporate development. “The company offers significant long-term growth opportunities in the deployment of automatic identification technologies for more effective GSE management to the more than 350 large and mid-sized airports around the world that operate a fleet of approximately 200,000 motorized vehicles.”

Mr. Gerskovich continued, “proveo now has access to Zebra’s broad technology portfolio to enhance its solution and deliver greater value to customers. At the same time, Zebra will be able to add proveo’s product platform to its capabilities, including those in ISO 24730 active RFID/RTLS, to offer new and deeper solutions in locating and tracking mobile assets such as forklifts in a variety of manufacturing and logistics venues.”

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