RuggedCom
Rugged industrial Ethernet switches and routers for harsh manufacturing environments
Ontario, Canada
Founded Early 2000s
$94M Revenue
200 Employees
Deal Value
$382 Million
Outcome
Success
Result
Global Reach
The Challenge
After building a leading industrial networking company, founders faced hostile takeover attempts but wanted to ensure their specialized technology and workforce would be preserved while gaining global market access.
“We built leading-edge industrial networking solutions and wanted to ensure our technology would reach global markets with the right strategic partner who understood our mission.””
What Happened
RuggedCom became a leader in rugged industrial Ethernet equipment, serving harsh manufacturing environments worldwide. When hostile takeover attempts emerged, the founders carefully evaluated strategic options. Siemens recognized RuggedCom's value and outbid competitors with a $382M friendly offer. The acquisition was a textbook success - Siemens preserved the RuggedCom brand and workforce, expanded global distribution, and integrated the technology into their industrial automation portfolio.
