RAFI Group, a supplier of electromechanical components, electronic assemblies, and systems for human-machine communication, has acquired Xymox Technologies, Inc..
Xymox Technologies, Inc. has over 40 years of experience developing and manufacturing capacitive sensors and membrane switches of the highest quality, with a broad customer portfolio that is compatible with RAFI, and a nationwide sales force.
RAFI recorded strong growth in the development and manufacture of complex customer-specific operating systems for human-machine communication in recent years and aims to further expand its position as an innovation leader in this sector globally. In this context, the markets in Asia and North America are the main strategic focus.
The parties have agreed not to disclose the financial terms of the transaction.
