GlobeRanger Acquired by Japan’s Fujitsu for RFID Business

A suburban Dallas maker of RFID technologies specialized for the U.S. military was bought Friday by Japanese electronics giant Fujitsu to shore up its portfolio of national security and defense-related products and services. “The opportunity is huge for us,” says George Brody, GlobeRanger’s CEO. “They have a huge pipeline, an existing defense business of marquee customers outside the U.S. Of course, the largest customer is the U.S. and that’s why they’re interested in us.”