Peppermint Holding GmbH has acquired the majority of shares in R3 Solutions GmbH, based in Berlin. The company stands for wireless technology "Like cable to cable, only without the cable" and offers industrial companies high-performance solutions for the wireless transmission of industrial data between machines.
For Peppermint as a medium-sized industrial group headquartered in Berlin, this is a strong sign that it is expanding its still young core segment, the Industrial Internet of Things (IIOT), almost two years after its initial investment in R3 Solutions. Marcus Baumbach, Managing Partner at Peppermint, sees reliable and fast wireless data transmission as the key to the successful transformation of industry: "For us as a medium-sized industrial group, the majority stake in R3 Solutions is a strong signal of our future viability. R3 Solutions is now an integral part of our Peppermint family. This step will enable R3 Solutions to rapidly expand its presence in the IIOT markets and offer its highly innovative, flexible and sustainable solutions to even more customers."
The EchoRing technology developed by R3 combines the reliability of a cable connection with the flexibility of wireless networking with latencies of less than five milliseconds, opening up new application possibilities for wireless communication between machines in the Industrial Internet of Things. The revolutionary products from R3 Solutions are primarily used in the fields of automation, transportation and logistics.
About R3 Solutions
R3 offers simple solutions for intelligent radio controls of the future. The developed technology enables highly reliable real-time communication. The product range combines the reliability of a cable connection with the flexibility of wireless communication: like a cable without the cable. The main areas of application are in automation, transportation and logistics.
More at www.r3.group