Jaltek Group Acquires Hidalgo

Leading technology services and product development group, Jaltek, has completed the acquisition of Cambridgeshire based Hidalgo Ltd, a design and product development services company specialising in RF telecommunications and physiological monitoring systems. By acquiring Hidalgo, Jaltek has expanded its service offering to clients to include established world-class expertise in electronic product design, embedded software development and project management. Accordingly, Hidalgos customer base gains access to Jalteks extensive, multi-centred manufacturing, PCB design and software design capabilities. As part of the Jaltek Group, Hidalgo will continue to trade under its own name and retain its management and team structure. The acquisition confirms that Jaltek Group is on course with its strategy of developing its portfolio of expertise to provide added value to its growing customer base.

Hidalgo is also the developer of wearable healthcare products including the world leading Equivital personal physiological monitoring system. Equivital enables its wearer’s vital signs, including heart rate, respiration and body temperature to be recorded and communicated wirelessly to a monitoring station. Already proving successful in trials with the US Department of Defense, Equivital also offers exciting new possibilities in areas ranging from telemedicine and emergency services personnel protection to sports and physical endurance research.

Justin Pisani, Chief Technical Officer for Hidalgo, summed up the acquisition: ‘Jaltek brings a level of investment, scale and well established specialist experience in areas that will enhance the range of services we can provide to our customers and support the ongoing development of our Equivital system. This is an exciting time for Hidalgo and the next logical step to accelerate growth. I look forward to taking the company forward.’

Pravin Sood, CEO of Jaltek Group added: ‘Hidalgo is an excellent fit for Jaltek in terms of specialist skills and market positioning. This acquisition means that we will expand our customer base and value added offering and give us valuable exposure to new opportunities. In particular, growing interest in the Equivital wireless monitoring system presents a significant new opportunity for the Jaltek Group.’