January 31, 2008 1:51 AM
B.O.S. Better On-Line Solutions Ltd.
According to CNN Money, Israel-based Better On-Line Solutions (B.O.S.) has announced "the signing of a definitive agreement for the acquisition of assets of Dimex Systems Ltd." B.O.S., an enterprise software and RFID solutions provider, will be acquiring Dimex's business operation "in consideration for approximately NIS 17.6 million ($4.8 million)," among other parts of the company. 
News of the acquisition first broke earlier this month. At the time, B.O.S. noted that the acquisition of Dimex - "a leading integrator of AIDC (Automatic Identification and Data Collection) solutions based on RFID and Barcode technology" - would expand its own RFID expertise.
Aside from software and hardware RFID solutions, B.O.S.'s also specializes in enterprise software, including IBM System i Middleware, data and license management and mobile connectivity. The acquisition of Dimex was the second for B.O.S. in the past four months. In October 2007, it purchased Summit Radio Corp to enhance its international activities, particularly in the United States.
Company facts:
Founded in 1990.
Shmuel Koren, President and CEO.
Edouard Cukierman, Chairman of BOS.
Website: www.boscorporate.com
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