Roper Industries, Inc. has agreed to purchase RFID company Transcore Holdings, Inc. for approximately $600 million.
Roper Industries, Inc. has agreed to purchase RFID company Transcore Holdings, Inc. for approximately $600 million. Transcore will continue to operate as a standalone unit and continue to market its products under its current brand name, Roper said.
Transcore’s products are used to automate traffic control, toll systems, and automate business processes for its customers based primarily in North America. It provided the trucking industry with products related to security, asset location and tracking.
Transcore president & CEO John Worthington and the rest of the firm’s senior management team will continue to lead the business.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.
Over 300 leaders in transportation, logistics, and distribution gathered at Ignite 2024. From new products to innovative solutions, Ignite highlighted the importance of strong...
Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...
