GUYANCOURT, France, May 4, 2015 /PRNewswire/ --
Linxens, the global leader in the design and manufacture of connectors for smart cards, has just completed the acquisition of KnL Group.
KnL Group, founded by Yannick Zoccola, Managing Director, in 2010, is located near Bangkok, Thailand. The company specializes in the manufacture of RFID inlays and antennas typically used in banking cards, ID cards, access and transport cards as well as passports.
"This acquisition is an important step for Linxens and will help boost our growth trajectory," says Christophe Duverne, CEO, Linxens Group. "We are excited to add KnL's talent, technology and products to our offering, and are convinced this will help us accelerate our ambitions in the Contactless market."
Yannick Zoccola, KnL's Managing Director, "KnL has developed a unique capability in antennas. We're excited to combine our expertise with that of Linxens and accelerate our development. It makes our product and service offer an even more logical choice for our customers in the medium and long term." Yannick Zoccola will continue in his current role and will join the Linxens' management team.
With 253 million Euros in sales (2014) and 800 employees, Linxens is a pioneer and leading global manufacturer of connectors for smart cards. Linxens is the fundamental link in the smart card industry, connecting microprocessor chips to market Segments such as Banking, Telecom and eID. Building on its technology and know-how, specific partnerships and high volume industrial capabilities, Linxens has broadened its solution-based product offering to include the manufacture of antennas and IC substrates for specific applications. Through its accelerated value creation, Linxens is positioned to become a recognized player in the LED industry.
For more information, visit http://www.linxens.com.