Beacon EmbeddedWorks to enhance embedded solutions offering with Diamond Technologies acquisition

Beacon EmbeddedWorks, a leading global provider of embedded electronics and a discoverIE Group company, today announced its strategic acquisition of Diamond Technologies, Inc. (DTI), renowned for its customized solutions in data collection, automation, and industrial communications. This move marks a significant expansion in Beacon’s portfolio and strategic positioning within the embedded technology sector.

Financial Details and Strategic Implications

While financial details of the acquisition were not disclosed, the strategic value of the transaction is clear. DTI, with over 20 years of expertise in providing innovative solutions, will now operate within the Beacon cluster of US-based embedded technology companies, enhancing Beacon’s system-on-modules (SOMs) and embedded products offering. This acquisition aligns with Beacon’s mission to accelerate the development of cutting-edge embedded products and to expand their market reach.

Beacon EmbeddedWorks has acquired Diamond Technologies, expanding its capabilities in embedded electronics and data capture systems.

Enhanced Product Development and Market Reach

The union of Beacon EmbeddedWorks and Diamond Technologies is set to create advanced embedded products for regulated and industrial customers. Beacon will continue to innovate in SOMs while integrating DTI’s expertise in full-service design and engineering solutions, including barcode reading, machine vision, RFID, and industrial communications. DTI’s strategic location in the Northeast technology corridor further augments Beacon’s access to critical new markets and applications.

Comments from Leadership

Ankur Tandon, Managing Director of Beacon, emphasized the alignment of the companies’ missions: “Diamond Technologies with its history of providing industry-leading embedded data-capture systems is perfectly aligned with Beacon EmbeddedWorks’ mission to create cutting-edge embedded electronics and our commitment to customer success. We’re proud to have DTI’s exceptional products alongside their steadfast support for customers as part of the Beacon cluster’s offerings.”

Paul Tesini, President & CEO of DTI, also commented on the acquisition: “Diamond Technologies is proud to embrace our next chapter of growth with Beacon EmbeddedWorks. Our combined ability to expand our offerings to existing and new customers with both embedded computing and data-capture technologies. We look forward to embracing the synergies to be realized by combining complimentary technologies and the opportunities the union will create.”

Future Prospects and Operations

DTI will maintain its brand identity and continue operations at its Hudson, MA-based headquarters, ensuring continuity of service for its customers. This strategic acquisition not only enhances Beacon’s product capabilities but also positions the company for further growth in the US and European markets, focusing on regulated and industrial applications.

This acquisition by Beacon EmbeddedWorks represents a strategic expansion into complementary technologies that are essential in today’s increasingly automated and data-driven industries. By leveraging each company’s strengths, Beacon is set to offer more comprehensive solutions to its customers, driving innovation and growth in the embedded electronics market.