Underwriters Laboratories Acquires Leading High Tech Testing and Data Security Company RFI Global Services Ltd
By Underwriters Laboratories Inc., PRNEMonday, June 7, 2010
Deal expands UL global services for wireless and cellular communications and payment systems
NORTHBROOK, Illinois, June 8, 2010 - Underwriters Laboratories Inc. (UL), a global leader in safety testing
and certification, announced today that it has acquired RFI Global Services
Ltd, a leading provider of testing, approval and consultancy services to the
global technology market, including data security, cellular, wireless and
smart card technologies. The company is a market leader in testing and
certifying new generations of payment devices, including contactless cards
and terminals as well as broader mobile payment systems. RFI Global will be
integrated into UL's Verification Services business, which provides
performance testing, inspection and auditing for product manufacturers and
retailers worldwide.
"This acquisition allows us to further extend our global safety mission
and better serve companies in the growing wireless, performance and data
security markets," said Keith Williams, president and CEO of UL. "Every day,
an increasing number of products are transmitting data wirelessly and many
organizations are relying upon wireless protocols. Combining the expertise
and market positions of UL and RFI Global allows companies to come to a
single organization for safety, sustainability, wireless and security product
testing."
Headquartered in Basingstoke, near London, RFI Global will operate under
the name RFI Global, a UL Company, and current management will report
directly to UL Verification Services leadership.
"This acquisition gives RFI Global the opportunity to be part of an
organization with global reach, technical knowledge and brand reputation,"
said Stephen Kirk, CEO of RFI Global. "UL and RFI Global have a long-standing
relationship providing complementary services to customers. This acquisition
strengthens our value proposition to our customer base and allows us to
expand joint offerings on a much broader scale."
Expanded offerings as a result of the acquisition include EMC testing and
software capabilities enabling companies to better track and manage global
product approval processes.
Financial terms of the acquisition have not been disclosed.
About Underwriters Laboratories
UL is an independent product safety certification organization that has
been testing products and writing Standards for Safety for more than a
century. UL evaluates more than 19,000 types of products, components,
materials and systems from more than 66,000 manufacturers each year. In
total, there are more than 20 billion UL Marks appearing on products
worldwide. UL's global family of companies and network of service providers
includes 68 laboratory, testing and certification facilities serving
customers in 102 countries. For more information, visit: www.ul.com.
About RFI Global Services Ltd
RFI Global is a trusted provider of consultancy and testing services to
the global technology market. RFI Global's expertise covers Cellular,
Wireless and Smart Card technologies, with particular emphasis on convergent
products (i.e. those that combine multiple technologies). With over 20 years
of experience and a global presence, RFI Global has built a reputation for
the quality of its service, the expertise of its staff, and the ability to
deliver in demanding timescales. For more information, visit:
www.rfi-global.com.
Joe Hirschmugl, Media Relations Manager of Underwriters Laboratories, +1-847-664-1508, Joseph.F.Hirschmugl at us.ul.com
Tags: Illinois, June 8, Northbrook, Underwriters Laboratories Inc., Western Europe