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Interlink Electronics Announces Acquisition of Conductive Transfers Limited

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Interlink Electronics (Nasdaq: LINK) has announced the acquisition of UK-based Conductive Transfers (CT) and Global Print Solutions (GPS). The acquisition includes printing equipment and patented processes for integrating electronics with textiles, focusing on e-textiles and wearable technology.

The acquired companies serve various sectors including apparel, healthcare, medical, and automotive, offering products such as clothing heaters, rehabilitation electrodes, and developing sensors for pressure, temperature, humidity, and moisture. Operations are managed from an 11,000 square foot facility near Sheffield, UK.

The strategic move aligns with Interlink's goal to expand its sensor and printed electronics offerings, particularly in the high-growth wearables and smart textiles markets.

Interlink Electronics (Nasdaq: LINK) ha annunciato l'acquisizione di Conductive Transfers (CT) e Global Print Solutions (GPS), con sede nel Regno Unito. L'acquisizione comprende attrezzature per la stampa e processi brevettati per integrare l'elettronica con i tessuti, con un focus su e-tessuti e tecnologia indossabile.

Le aziende acquisite servono vari settori, tra cui abbigliamento, sanità, medicina e automotive, offrendo prodotti come riscaldatori per vestiti, elettrodi per riabilitazione e sviluppando sensori per pressione, temperatura, umidità e umidità. Le operazioni sono gestite da una struttura di 11.000 piedi quadrati nei pressi di Sheffield, Regno Unito.

Questa mossa strategica si allinea con l'obiettivo di Interlink di espandere la propria offerta di sensori ed elettronica stampata, in particolare nei mercati in forte crescita dei dispositivi indossabili e dei tessuti intelligenti.

Interlink Electronics (Nasdaq: LINK) ha anunciado la adquisición de Conductive Transfers (CT) y Global Print Solutions (GPS), con sede en el Reino Unido. La adquisición incluye equipos de impresión y procesos patentados para integrar electrónica con textiles, centrándose en e-textiles y tecnología portátil.

Las empresas adquiridas sirven a varios sectores, incluidos la confección, la salud, la medicina y la automoción, ofreciendo productos como calentadores de ropa, electrodos de rehabilitación y desarrollando sensores para presión, temperatura, humedad y vapor. Las operaciones se gestionan desde una instalación de 11,000 pies cuadrados cerca de Sheffield, Reino Unido.

Este movimiento estratégico se alinea con el objetivo de Interlink de expandir su oferta de sensores y electrónica impresa, especialmente en los mercados de rápido crecimiento de tecnologías portátiles y textiles inteligentes.

인터링크 일렉트로닉스 (Nasdaq: LINK)는 영국에 본사를 둔 Conductive Transfers (CT) 및 Global Print Solutions (GPS)의 인수를 발표했습니다. 이번 인수에는 전자와 섬유를 통합하기 위한 인쇄 장비와 특허받은 프로세스가 포함되며, e-섬유 및 웨어러블 기술에 중점을 두고 있습니다.

인수된 회사들은 의류, 의료, 의료기기, 자동차 등 다양한 분야에 서비스를 제공하며, 의류 히터, 재활 전극 및 압력, 온도, 습도 및 수분 센서를 개발하는 제품들을 제공합니다. 운영은 영국 셰필드 근처의 11,000평방피트 시설에서 관리됩니다.

이 전략적 움직임은 웨어러블 및 스마트 텍스타일 시장에서 고성장 기회를 활용하기 위해 센서 및 인쇄 전자 제품 제공을 확대하려는 인터링크의 목표와 일치합니다.

Interlink Electronics (Nasdaq: LINK) a annoncé l'acquisition des entreprises britanniques Conductive Transfers (CT) et Global Print Solutions (GPS). L'acquisition comprend des équipements d'impression et des procédés brevetés pour intégrer l'électronique avec les textiles, en se concentrant sur les e-textiles et la technologie portable.

Les entreprises acquises servent divers secteurs, y compris l'habillement, la santé, la médecine et l'automobile, offrant des produits tels que des chauffages de vêtements, des électrodes de réhabilitation et en développant des capteurs pour la pression, la température, l'humidité et l'humidité. Les opérations sont gérées à partir d'une installation de 11 000 pieds carrés près de Sheffield, au Royaume-Uni.

Ce mouvement stratégique s'aligne avec l'objectif d'Interlink d'élargir son offre de capteurs et d'électronique imprimée, en particulier sur les marchés en forte croissance des technologies portables et des textiles intelligents.

Interlink Electronics (Nasdaq: LINK) hat die Übernahme der im Vereinigten Königreich ansässigen Unternehmen Conductive Transfers (CT) und Global Print Solutions (GPS) bekannt gegeben. Die Übernahme umfasst Druckgeräte und patentierte Verfahren zur Integration von Elektronik mit Textilien, wobei der Fokus auf E-Textilien und tragbarer Technologie liegt.

Die akquirierten Unternehmen bedienen verschiedene Sektoren, darunter Bekleidung, Gesundheitswesen, Medizin und Automobil, und bieten Produkte wie Bekleidungsheizungen, Rehabilitations- Elektroden und entwickeln Sensoren für Druck, Temperatur, Feuchtigkeit und Nässe an. Die Betriebe werden aus einer 11.000 Quadratfuß großen Einrichtung in der Nähe von Sheffield, UK geleitet.

Dieser strategische Schritt steht im Einklang mit dem Ziel von Interlink, sein Angebot an Sensoren und gedruckter Elektronik, insbesondere in den stark wachsenden Märkten für tragbare Technologien und intelligente Textilien, auszubauen.

Positive
  • Acquisition expands product portfolio into high-growth wearables and smart textiles markets
  • Gains valuable patented technologies and processes for e-textiles
  • Adds established customer base across multiple sectors
  • Acquires 11,000 square foot manufacturing facility in UK
Negative
  • None.

Insights

The acquisition of Conductive Transfers and Global Print Solutions represents a strategic move into the rapidly growing e-textiles and wearable technology markets. While financial terms weren't disclosed, this deal brings significant intellectual property through patented processes and an 11,000 square foot manufacturing facility near Sheffield. The acquisition expands Interlink's technological capabilities in printed electronics and sensors, particularly in high-margin sectors like healthcare and automotive.

The strategic value lies in CT's established revenue streams from existing products like heated clothing and medical electrodes, plus a pipeline of sensor technologies for healthcare applications. The deal positions Interlink to capitalize on the wearable technology market, which is projected to reach $104.39 billion by 2027. The expansion into e-textiles diversifies Interlink's revenue streams and strengthens its competitive position in the sensor technology space.

The technological implications of this acquisition are substantial. CT's patented e-textile integration processes complement Interlink's existing sensor expertise, creating a powerful combination for developing next-generation wearable solutions. The acquired technology portfolio includes sophisticated applications like Functional Electrical Stimulation electrodes and advanced sensor systems for pressure, temperature and humidity monitoring.

What's particularly valuable is CT's ElastaTherm® heating technology and their ability to seamlessly integrate electronics with textiles - a complex technical challenge that few companies have mastered. This acquisition gives Interlink immediate access to proven manufacturing processes and intellectual property in the smart textiles sector, potentially accelerating their product development cycle by several years.

IRVINE, Calif., Dec. 19, 2024 /PRNewswire/ -- Interlink Electronics, Inc. (Nasdaq: LINK), a leading provider of sensor and printed electronics solutions, is pleased to announce the acquisition of the businesses of UK-based Conductive Transfers Limited ("CT") and its affiliate, Global Print Solutions Limited ("GPS").

In addition to valuable printing equipment, Interlink is acquiring CT's and GPS's innovative patented processes for the integration of electronics with textiles, resulting in functional e-textiles and wearable technology. CT and GPS boast a successful track record with their award-winning patented technologies, serving customers across various sectors, including apparel, healthcare, medical, and automotive. Their product offerings include heaters for clothing and personal protective equipment, as well as Functional Electrical Stimulation electrodes designed for the rehabilitation of stroke patients. Products in development include sensors for pressure, temperature, humidity, and moisture, which can be used in hospital beds, diapers, and femtech applications. Additionally, they are involved in exciting projects within the automotive industry that utilize their proprietary pressure sensors and efficient ElastaTherm® heaters. Every stage of development, from prototype to production, is managed from a state-of-the-art 11,000 square foot facility located near Sheffield, UK.

"We are excited to be part of the Interlink organization, which provides us with the resources to significantly expand our customer base worldwide," stated Paul Brook, co-founder of CT and GPS.

"The acquisition of CT's and GPS's businesses fits perfectly with our strategy to enhance our offerings and capabilities in the realm of sensors and printed electronics," said Steven Bronson, CEO of Interlink Electronics. He further emphasized that "the opportunities in wearables and smart textiles represent a high-growth market."

About Interlink Electronics, Inc.
Interlink Electronics is a leading provider of sensors and printed electronic solutions, boasting nearly 40 years of success in delivering mission-critical technologies across diverse markets. Our blue-chip customers benefit from our robust instruments and printed electronics solutions, which span various markets including industrial, medical, consumer, and automotive. Our expertise in materials science, manufacturing, embedded electronics, firmware, and software enables us to create custom solutions tailored to our customers' unique needs (www.interlinkelectronics.com).

Forward Looking Statements

This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be generally identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," "prospective" and similar words. Forward-looking statements in this press release include statements about CT's and GPS's products under development and new market initiatives. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of CT's and GPS's industry, R&D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the company's forward-looking statements include, among other things, the following: our ability to integrate the acquired businesses with our existing operations; our success in predicting new markets and the acceptance of our new products; efficient management of our infrastructure; the pace of technological developments and industry standards evolution and their effect on our target product and market choices; the effect of outsourcing technology development; changes in the ordering patterns of our customers; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Interlink Electronics, Inc.
IR@iefsr.com

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SOURCE Interlink Electronics

FAQ

What companies did Interlink Electronics (LINK) acquire in December 2023?

Interlink Electronics acquired Conductive Transfers (CT) and Global Print Solutions (GPS), both UK-based companies specializing in e-textiles and wearable technology.

What technologies did Interlink Electronics (LINK) gain through the CT and GPS acquisition?

Through the acquisition, Interlink gained patented processes for integrating electronics with textiles, printing equipment, and technologies for producing functional e-textiles and wearable technology products.

What markets will Interlink Electronics (LINK) serve with the newly acquired CT and GPS technologies?

The acquired technologies serve markets including apparel, healthcare, medical, and automotive sectors, with products ranging from clothing heaters to rehabilitation electrodes and various sensor applications.

How does the CT and GPS acquisition align with Interlink Electronics' (LINK) strategy?

The acquisition aligns with Interlink's strategy to enhance its offerings and capabilities in sensors and printed electronics, particularly in the high-growth wearables and smart textiles markets.

Interlink Electronics, Inc.

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