Roper Industries

Encyclopedia : R : RO : ROP : Roper Industries

Roper Industries is a diversified industrial company that produces engineered products for global niche markets. The company positions itself as a growth-oriented enterprise focused on effective execution of strategies to achieve results and create value for investors. Headquartered in Duluth, Georgia, the company is publicly traded on the New York Stock Exchange under the symbol ROP.

Roper provides a wide range of products and services to customers in over 100 countries. The company has five main business lines: Industrial Technology, Radio Frequency (RF) Technology, Scientific and Industrial Imaging, Energy Systems and Controls, and Instrumentation. The company states that it is entrepreneurial yet highly disciplined, and plans to accelerate its growth by using strong cash flow to fund internal expansion and acquisitions. Roper joined the Russell 1000 index in 2004, and has annual revenues of more than US$1.4 billion, as of 2005.

George D. Roper founded the company in the late 1800s, primarily as a manufacturer of home appliances, pumps and other industrial products. Roper initiated a corporate acquisition program, supported by an initial public offering, in 1992.

In 2001, Brian Jellison, a former executive of General Electric and Ingersoll-Rand, joined Roper as Chief Executive Officer. The company states that since then, it has improved its operating capabilities, increased its financial capacity and positioned Roper in markets with attractive growth prospects. The previous holding company business strategy has been replaced with an operating company model. Since 2001 Roper has completed acquisitions accounting for over half its revenues, establishing the company in global growth markets, such as radio frequency identification(RFID) and water. Roper states that during the 2001 - 2005 era it has paid investors steadily increasing dividends and seen its stock price rise.

Contents

1 Subsidiaries

1.1 DAP Technologies
1.2 Media Cybernetics

2 PI/Acton
3 References

Subsidiaries

Roper Industries has two subsidiary companies: DAP Technologies and Media Cybernetics.

DAP Technologies

DAP Technologies manufactures rugged mobile computers, including portable data terminals, and tablet computers, under its MICROFLEX brand. MICROFLEX computers are designed for harsh environments, so they can be used in logistics operations, transportation, warehouses, field service, utilities, law enforcement, and the energy industry, as well as other applications.

DAP distributes its computers in more than 60 countries, and operates subsidiaries in Paris, France, Abingdon, England and Tokyo, Japan. The company employs 150 people.

Media Cybernetics

Media Cybernetics is a company in Maryland, United States, founded in 1981, that produces image processing software used worldwide for industrial, scientific, medical and biotechnology applications.

Image-Pro Plus is Media Cybernetic's flagship image analysis software. Published since 1985, Image-Pro Plus enables researchers to capture, communicate, process, measure and analyze image data. Along with Image-Pro Plus, Media Cybernetics offers a application-specific image analysis software packages, such as 3D Constructor, for 3D rendering and visualization, and QED InVivo, for live cell imaging.

PI/Acton

PI/Acton, formed by the merger of Princeton Instruments and Acton Research Corporation, manufactures scientific imaging equipment, optical coatings, optical cameras, CCD cameras, spectroscopy instrumentation and electronic sub-assemblies. The company has based in Trenton, New Jersey and Acton, Massachusetts.

References

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.