Intermec

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Intermec, Inc.
Type Public (NYSE: IN)
Founded Mountlake Terrace, Washington, USA (1966)
Headquarters Flag of the United States Everett, Washington, USA
Key people Patrick Byrne, Chairman and CEO
Lanny Michael, SVP and CFO
Industry AIDC
Products Barcode readers, wireless networking, mobile computers, RFID
Website www.intermec.com

Intermec Inc. is a major manufacturer and worldwide supplier of Automated identification and data capture equipment, including barcode scanners, barcode printers, mobile computers and RFID systems. Intermec's headquarters is located in Everett, WA, United States.

Intermec customers include 75 percent of Fortune 500 companies and 70 percent of Fortune 100 companies. Intermec (IN) is traded on the New York Stock Exchange.

[edit] Products

Intermec's products and services are sold to a diverse array of industries, however the majority of the business comes from automating supply chain operations in manufacturing, warehouse and distribution, direct store delivery, retail, transportation and logistics, and field service sectors. Intermec holds more than 10% of the patents in RFID (Radio Frequency Identification). Their product lines include:

[edit] References

Founded: Intermec began life as Interface Mechanisms in 1966. The Intermec name was adopted in 1982.


Incorporation: Parent company UNOVA, Inc. was incorporated in the State of Delaware on August 13, 1997. The company became Intermec, Inc. on January 1, 2006.


Stock Symbol: NYSE: IN


Revenue: $850 million during Fiscal Year 2006 (the fiscal year ends December 31).


Key People:

Patrick J. Byrne – President and Chief Executive Officer, Intermec, Inc.

Lanny H. Michael – Senior Vice President and Chief Financial Officer


Employees: Approximately 2,400 employees, worldwide.


Corporate Headquarters: 6001 – 36th Avenue West Everett, Washington 98203-1264, USA Main Tel: (425) 348-2600 Main Fax: (425) 355-9551 (about 25 miles north of Seattle, WA)


Locations: Intermec operates more than 65 offices worldwide, and serves every region of the globe.


Industry:

Automatic Information Data Capture (AIDC) including bar coding and radio frequency identification (RFID) Mobile computing and rugged computing Printer/media systems Wireless networking Consulting and services


Summary of Intermec Growth and Evolution:

1966 – Interface Mechanisms formed

1982 – Company renamed Intermec Corporation

1991 – Acquired by Litton Industries, Inc. (NYSE:LIT)

1994 – Ownership transferred to Western Atlas Inc. (NYSE:WAI), a Litton spin-off

1997 – Ownership transferred to UNOVA, Inc. (NYSE:UNA), a Western Atlas spin-off

1997 – Acquired Norand and UBI (United Barcode Industries)

1997 – Acquired radio frequency identification (RFID) semiconductor technology from IBM, Inc.

1998 – Acquired Amtech Corporation's high-frequency RFID business, Amtech Transportation Systems

2006 – UNOVA, Inc. becomes Intermec, Inc., retaining Intermec Technologies as subsidiary