{"id":3367,"date":"2021-03-19T11:14:08","date_gmt":"2021-03-19T11:14:08","guid":{"rendered":"https:\/\/visviva.it\/?p=3367"},"modified":"2024-09-06T09:56:09","modified_gmt":"2024-09-06T09:56:09","slug":"the-antares-vision-group-expands-its-software-capabilities-through-the-acquisition-of-rfxcel-corporation","status":"publish","type":"post","link":"https:\/\/visviva.it\/en\/the-antares-vision-group-expands-its-software-capabilities-through-the-acquisition-of-rfxcel-corporation\/","title":{"rendered":"THE ANTARES VISION GROUP EXPANDS ITS SOFTWARE CAPABILITIES THROUGH THE ACQUISITION OF RFXCEL CORPORATION"},"content":{"rendered":"<p><em>16 February 2021 \u2013<\/em>\u00a0Antares Vision, a leading global provider of intelligent Track &amp; Trace, Inspection and Smart Data Management solutions for the Life Science and Food &amp; Beverage sectors, today announced entering into an agreement for the acquisition of\u00a0<strong>rfXcel Corporation (\u201crfXcel\u201d),<\/strong>\u00a0a leading US-based Software-as-a-Service (\u201cSaaS\u201d) company, serving the Life Science and Food &amp; Beverage sectors, for an upfront consideration of $120 million on a debt free and cash free basis.<strong>\u00a0<\/strong><\/p>\n<p><strong>Key Highlights of the Acquisition<br \/>\n<\/strong><br \/>\nrfXcel\u2019s AI-enabled SaaS platform more than doubles Antares Vision Group\u2019s software business and adds high share of contracted, recurring and scalable revenues<strong><br \/>\n<\/strong><\/p>\n<ul>\n<li>Combining rfXcel\u2019s industry leading software platform with Antares Vision Group\u2019s Track &amp; Trace complete solution will significantly enhance value for Life Science and Food &amp; Beverage customers in North America, Europe and Asia<\/li>\n<li>Antares Vision Group will leverage rfXcel\u2019s software to continue to drive global growth and expand into new market segments requiring end-to-end supply chain digitalisation solutions<\/li>\n<li>The acquisition is expected to be accretive to Antares Vision Group\u2019s (1) revenue growth, (2) EPS and (3) Free Cash Flow from year-1 (before synergies)<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>16 February 2021 \u2013\u00a0Antares Vision, a leading global provider of intelligent Track &amp; Trace, Inspection and Smart Data Management solutions for the Life Science and Food &amp; Beverage sectors, today announced entering into an agreement for the acquisition of\u00a0rfXcel Corporation (\u201crfXcel\u201d),\u00a0a leading US-based Software-as-a-Service (\u201cSaaS\u201d) company, serving the Life Science and Food &amp; Beverage sectors, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3368,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[18],"tags":[12],"class_list":["post-3367","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"_links":{"self":[{"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/posts\/3367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/comments?post=3367"}],"version-history":[{"count":0,"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/posts\/3367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/visviva.it\/en\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/media?parent=3367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/categories?post=3367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/visviva.it\/en\/wp-json\/wp\/v2\/tags?post=3367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}