Softing AG to acquire Online Development Inc. (OLDI)

0


KNOXVILLE, Tennessee – (COMMERCIAL THREAD) –Online Development Inc. (OLDI), an original design manufacturer (ODM) that designs and manufactures industrial products for leading factory automation companies, announced that Softing AG acquired the company and will operate it as an entity under Softing North American Holding Company.

“Softing’s software development and communications products are a perfect match for OLDI’s product development skills in computing, communications and I / O modules,” said Ron Monday, CEO of ‘OLDI. “OLDI will continue as ODM to develop products for market leading companies under their brands. ”

“OLDI’s 25 years of experience in factory automation module development and Softing’s expertise in industrial communication provide customers with a powerful combination of market-leading products and product development capabilities.” said Dr Wolfgang Trier, CEO of Softing AG. “Plus, with this acquisition, we can manage everything from device-level I / O to enterprise-wide communications. ”

Online Development‘s headquarters will remain in Knoxville, Tennessee. OLDI branded products will continue to be sold and supported by current channel partners.

For more information on OLDI, visit www.oldi.com.

About Online Development Inc. (OLDI)

Founded in 1989, Online Development Inc. (OLDI) is an Original Design Manufacturer (ODM) that designs and manufactures factory automation products to help customers simplify data transfer, control and communication tasks. . Additionally, under the OLDI brand, the company sells products such as enterprise device transaction modules (eATMs) and open control products. OLDI is headquartered in Knoxville, Tennessee. For more information call 800-625-8678 or visit www.oldi.com.

About Softing AG

Softing is one of the world’s leading suppliers of products for industrial automation and automotive electronics. For more than 30 years, industrial data communication between fieldbus devices, controllers and hosts has been the core business of Softing Industrial Automation. The company uses standardized technologies in the area of ​​process engineering applications and discrete manufacturing. Leveraging in-house technology and cross-industry expertise, Softing offers innovative hardware and software products as well as comprehensive integration services for fieldbus technology, Industrial Ethernet and OPC. For more information visit http://enterprise.softing.com/en/.


Share.

About Author

Leave A Reply