Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Federal Signal to Buy RFID Manufacturer

Feb. 3, 2010
Federal Signal Corp., Oak Brook, Ill., will acquire Sirit Inc., Toronto, a designer, developer, and manufacturer of radio frequency identification (RFID) technology for applications such as tolling, electronic vehicle registration, parking and access ...

Federal Signal Corp., Oak Brook, Ill., will acquire Sirit Inc., Toronto, a designer, developer, and manufacturer of radio frequency identification (RFID) technology for applications such as tolling, electronic vehicle registration, parking and access control, asset management, cashless payments, and supply chain systems. The transaction has a total equity value of approximately $48 million. Details