{"id":24909,"date":"2024-06-18T15:08:33","date_gmt":"2024-06-18T13:08:33","guid":{"rendered":"https:\/\/aquin.com\/?p=24909"},"modified":"2024-06-18T15:08:34","modified_gmt":"2024-06-18T13:08:34","slug":"diamond-to-discoverie","status":"publish","type":"post","link":"https:\/\/aquin.com\/en\/diamond-to-discoverie\/","title":{"rendered":"Diamond to discoverIE"},"content":{"rendered":"

Key Terms
\n<\/strong><\/p>\n<\/div>

\n\n\n\n
><\/td>\nOn May 3, 2024, Beacon EmbeddedWorks (\u00bbBeacon\u00ab), a discoverIE Group plc (\u00bbdiscoverIE\u00ab) company, announced the acquisition of Diamond Technologies, Inc (\u00bbDTI\u00ab).<\/td>\n<\/tr>\n
><\/td>\nAquin acted as the M&A buy-side advisor to discoverIE.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

Strategic Logic<\/strong><\/p>\n<\/div>

\n\n\n\n\n
><\/td>\nTogether, Beacon and DTI will share the mission to create advanced embedded products and solutions for regulated and industrial customers, while accelerating the development of new and innvoative products for the market.<\/td>\n<\/tr>\n
><\/td>\nBeacon will continue its legacy of developing innovative SOMs, while adding DTI’s full-service design and engineering solutions for barcode reading, machine vision, RFID, and industrial communications.<\/td>\n<\/tr>\n
><\/td>\nFurthermore, DTI’s strategic location in the Northeast technology corridor in the United States will expand Beacon’s embedded products portfolio and increase access to critical new customers and applications. DTI and its complementary technology will join the Beacon cluster of US-based embedded technology companies.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>
<\/span><\/div>
<\/div>

discoverIE
\n<\/strong><\/p>\n<\/div>

\n\n\n\n\n
><\/td>\ndiscoverIE is an international group of businesses that designs, manufactures, and supplies highly differentiated, innovative electronic components and solutions for industrial OEMs.<\/td>\n<\/tr>\n
><\/td>\nAs of 2024, the group generates revenues of approx. GBP 440 million with over 4,600 people and is operating in the UK, continental Europe, Asia, and North America.<\/td>\n<\/tr>\n
><\/td>\nEstablished in 1986, the group is listed on the London Stock Exchange and is a constituent of the FTSE250.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

Beacon Embeddedworks
\n<\/strong><\/p>\n<\/div>

\n\n\n\n
><\/td>\nBeacon EmbeddedWorks is a full-service provider of embedded products. For more than 20 years, the company has delivered cutting-edge System-on- Modules (SOMs) and embedded products to regulated industries and critical applications.<\/td>\n<\/tr>\n
><\/td>\nThe company is based in Eden Prairie, Minnesota (USA).<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>
<\/div>

Diamond Technologies<\/strong><\/p>\n<\/div>

\n\n\n\n
><\/td>\nDTI specializes in customized designs and engineering solutions for data collection, automation, and industrial communications.<\/td>\n<\/tr>\n
><\/td>\nThe company is based in Hudson, Massachusetts (USA).<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":11,"featured_media":24925,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77,141,47],"tags":[],"class_list":["post-24909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electronics-and-automation","category-highlight-elektronics-and-automation-en","category-transactions"],"acf":[],"yoast_head":"\nDiamond to discoverIE - Aquin<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aquin.com\/en\/diamond-to-discoverie\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diamond to discoverIE - 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