RuggedCom is a leading provider of rugged communications networking solutions designed for mission-critical applications in harsh environments. Our robust technology solutions include Ethernet switches, network routers, wireless devices, serial servers, media converters, software (proprietary embedded software and application software) and professional services. RuggedCom products are designed for use in harsh environments such as those found in electrical power substations, oil refineries, military applications, roadside traffic control cabinets and metals and minerals processing. RuggedCom is well positioned to capitalize on emerging trends within the rugged communications industry, including the growing worldwide demand for IP-based communications networks suitable for harsh environments and the global initiative to integrate communications networks with electric power grids, known as ‘‘Smart Grids’’.
Siemens has entered into an agreement with RuggedCom Inc. to acquire all of the issued and outstanding common shares of RuggedCom by way of a friendly, board-supported takeover...