Team Quantum Blog

We have done the homework for you!!

Primera Technology, Inc.

Headquartered in Plymouth, Minnesota, Primera Technology, Inc. is the world's leading developer and manufacturer of specialty printing equipment including the LX-Series Color Label Printers, AP-Series Label Applicators, LP130 Laser Marking System and CX1200 Color Label Press and FX1200 Digital Finishing System.

Primera distributes its products in more than 222 countries with service and support for North America, Latin America and South America from Plymouth, Minnesota. EMEA customers are serviced and supported from Wiesbaden, Germany through Primera Europe. Primera Asia Pacific, located in Hong Kong, serves customers in Asia Pacific.

Primera's mission is to produce technologically superior products that offer a high degree of customer satisfaction and value while conducting business affairs with unparalleled integrity, courtesy and professionalism.

HID Global

Originally formed to develop radio frequency identification technologies, HID Global was formed in 1991 as Hughes Identification Devices, a subsidiary of Hughes Aircraft Company with offices in California and Scotland. The original 125-kilohertz proximity technology had been pioneered by Destron IDI, Boulder, Colorado and used in many applications including Animal Identification, Tyre tracking and in motor vehicle and aircraft industries to track parts, and the company’s founders thought there would be markets interested in using this technology for other purposes.[19]

 

In 1994 the office in Scotland was closed and the European business passed to a UK based independent distributor, ID Plus Ltd who were later acquired by HID Corporation Ltd in August 1999.

 

In October 1995, Hughes management, with help from Citibank Venture Capital, combined its military communications and display products groups with its AML Wireless Systems organization and Hughes Identification Devices (HID) to form Palomar Technologies Corporation.[20] It was at that point that the decision was made to focus efforts on RFID for physical access control, and five years later, the company was acquired by the world's largest lock-maker, Swedish conglomerate ASSA ABLOY AB.[19]

 

Hughes Identification Devices, Division of Hughes Aircraft

 

Hughes Identification, which began as a division of Hughes Electronics Corp., made the cards and card readers many businesses and government agencies use to limit access to their offices. Its clients included Motorola, International Business Machines Corp. and numerous colleges. As part of Palomar Technologies, Hughes Identification enjoyed swift growth as the private sector became increasingly concerned about security. It was acquired by ASSA ABLOY in January 2001 for about $250 million in cash, adding the Irvine company's electronic systems to its more old-fashioned product line.

 

ASSA ABLOY

 

ASSA ABLOY is the largest global supplier of intelligent locks and security solutions. Its products account for more than one in ten of all lock and security installations worldwide. Since its formation in 1994, ASSA ABLOY has grown from a regional company into an international group with around 43,000 employees, sales of about SEK 47 billion and own operations in over 70 countries.[21]

ASSA ABLOY is represented on both mature and emerging markets worldwide, with leading positions in much of Europe, North America, Asia, Australia and New Zealand. ASSA ABLOY is divided into three regional and two global divisions. The regional divisions, Americas, EMEA and Asia Pacific, manufacture and sell mechanical and electromechanical locks, digital door locks, cylinders and security doors adapted to the local market’s standards and security requirements. The global divisions, Global Technologies and Entrance Systems, manufacture and sell electronic access control, identification products and entrance automation on the global market.

Pitney Bowes

In 1902, Arthur Pitney patented his first "double-locking" hand-cranked postage-stamping machine, and, with patent attorney Eugene A. Rummler, founded the Pitney Postal Machine Company. In 1908, English emigrant and founder of the Universal Stamping Machine Company Walter Bowes began providing stamp-canceling machines to the United States Postal Service. Bowes moved his operations to Stamford in 1917. A rapid increase in mail volume in 1919 made the Post Office more receptive to metered mail, and Pitney subsequently traveled to meet Bowes. On March 15, 1920, the United States House of Representatives passed a bill authorizing mechanical stamps on First-Class Mail, and on April 23, 1920, the two companies merged to form the Pitney Bowes Postage Meter Company, with the goal of producing a machine that would combine Pitney's "double-locking" counter with Bowes' system for wrapping postage payment, postmarking and cancellation. The United States Post Office approved their postage meter on August 25, 1920.

Between 1922 and 1923, the government collected $4,359,070 in postage from the first commercial installations of 400 meters. Pitney Bowes also began to sell their products internationally.

In 1938, Walter H. Wheeler, Jr. was named President and Chairman of the Board and would lead the company over the next three decades. In the 1940s, Wheeler boycotted a hotel when it refused to register one black salesperson, championing a spirit of diversity that still exists today, writing: "Pitney Bowes' worksites will reflect the communities in which we operate."[2] During the 1950s, The National Urban League recognized Pitney Bowes for its leadership in providing job opportunities to African Americans.

During World War II, Pitney-Bowes received an Army-Navy ‘E’ Award denoting excellence in production of crucially needed instruments of war. (February 1, 1943).[3]

The company went public on the New York Stock Exchange in 1950. Subsequently, Pitney Bowes was named to the S&P 500 when this benchmark index was created in 1957 and joined the Fortune 500 in 1962.