Company:Xplore Technologies

From HandWiki
Xplore Technologies Corp.
TypePublic
NASDAQXPLR
IndustryTechnology
Founded1996; 28 years ago (1996) in Ontario, Canada
Headquarters14000 Summit Dr. Suite 900, ,
Key people
  • Philip S Sassower (CEO, Chairman)
  • Mark Holleran (COO, President)
  • Tom Wilkinson (CFO)
ProductsRugged tablets
RevenueIncrease US$100.5 million (2015)[1]
Increase US$1.05 million (2015)[1]
Increase US$362 thousand (2015)[1]
Total assetsIncrease US$53.1 million (2015)[2]
Websitewww.xploretech.com

Xplore Technologies is a publicly traded, designer, marketer and manufacturer of rugged tablets.[3] The company was founded in 1996 and is based in Austin, Texas . In 2015, Xplore Technologies purchased assets of Motion Computing making it one of the top companies in the rugged tablet PC market.[4] The company's products are primarily used by field service personnel, factory workers and military personnel.[5] Xplore Technologies products are built to satisfy MIL-STD-810G and HAZLOC compliant ATEX standards, as well as Ingress Protection (IP) ratings.[6][7]

History

Xplore Technologies was founded in Ontario, Canada in 1996 and began selling devices in 1998.[8] The company was listed on the Toronto Stock Exchange in June 1998.[9] In 2003, Xplore Technologies announced that it was relocating its corporate headquarters to Austin, Texas.[10] The company filed to change its jurisdiction from Canada to Delaware in 2006.[11] In July 2012, after being traded over-the-counter since leaving the TSX,[12] the company filed for an IPO with the SEC and was listed on the Nasdaq stock exchange.[13] In March 2015, Xplore Technologies raised $12 million when it sold an additional 2 million shares of common stock.[14] In April 2015, the company bought assets of Motion Computing Inc. for $16 million.[15][16] On July 5, 2018, Zebra Technologies announced its intent to acquire Xplore Technologies for roughly $90 million.[17]

References

  1. 1.0 1.1 1.2 "Xplore Technologies Corp. Income Statement". Yahoo! Finance. https://finance.yahoo.com/q/is?s=XPLR&annual. 
  2. "Xplore Technologies Corp. Balance Sheet". Yahoo! Finance. https://finance.yahoo.com/q/bs?s=XPLR+Balance+Sheet&annual. 
  3. "Xplore Technologies Corp.". Bloomberg Markets. https://www.bloomberg.com/quote/XPLR:US. 
  4. Jackson, Donny (April 17, 2015). "Xplore Technologies Buys Assets of Motion Computing After Foreclosure". IWCE's Urgent Communications. http://urgentcomm.com/tablets/xplore-technologies-buys-assets-motion-computing-after-foreclosure?page=2. 
  5. "Xplore Technologies Corp. Company Information". Hoovers. http://www.hoovers.com/company-information/cs/company-profile.xplore_technologies_corp.5bb50ae9fcf5acd9.html. 
  6. "Tablet Computing: Rugged Tablet Computer For Military and Government Applications Introduced by Xplore". Military and Aerospace Electronics. August 6, 2013. http://www.militaryaerospace.com/articles/print/volume-24/issue-8/new-products/tablet-computing-rugged-tablet-computer-for-military-and-government-applications-introduced-by-xplore.html. 
  7. Blickenstorfer, Condrad (April 2014). "Xplore Technologies iX104 XC6". Rugged PC review. http://www.ruggedpcreview.com/3_slates_xplore_ix104xc6_full.html. 
  8. Taulli, Tom (November 16, 2014). "Xplore Technologies:Leading the Tablet Comeback". Forbes. https://www.forbes.com/sites/tomtaulli/2014/11/16/xplore-technologies-leading-the-tablet-comeback/#8bf59483d66a. 
  9. "Stock Factsheet -VSE- TSX Venture Exchange". CSI Data. http://www.csidata.com/factsheets.php?type=stock&format=htmltable&exchangeid=83. 
  10. Higgenbotham, Stacey (August 10, 2003). "Corporate HQ Coming to Austin". Austin Business Journal. http://www.bizjournals.com/austin/stories/2003/08/11/story2.html. 
  11. "Xplore Files to Become a U.S. Firm". Austin Business Journal. November 15, 2006. http://www.bizjournals.com/austin/stories/2006/11/13/daily22.html. 
  12. "Xplore Tech Swaps OTC Market Listing". Austin Business Journal. March 7, 2011. http://www.bizjournals.com/austin/news/2011/03/07/xplore-tech-swaps-otc-market-listing.html. 
  13. "Xplore Technologies (XLRT) Files $12M Nasdaq IPO, Ticker 'XPLR'". StreetInsider. July 26, 2012. http://www.streetinsider.com/IPOs/Xplore+Technologies+(XLRT)+Files+$12M+Nasdaq+IPO,+Ticker+XPLR/7608795.html. 
  14. Calnan, Christopher (March 5, 2015). "Xplore Technologies to Raise $12M in Stock Offering". Austin Business Journal. http://www.bizjournals.com/austin/blog/techflash/2015/03/xplore-technologies-to-raise-12m-in-stock-offering.html. 
  15. Calnan, Christopher (April 26, 2015). "Two Austin Companies That Make Tablet Computers Will Merge". Austin Business Journal. http://www.bizjournals.com/austin/blog/techflash/2015/04/two-austin-companies-that-make-tablet-computers.html. 
  16. Grisales, Claudia (April 16, 2015). "Motion, Facing Financial Troubles, Scooped Up by Xplore". http://www.statesman.com/news/business/austin-tablet-firms-xplore-motion-merge/nkwkZ/. 
  17. "Zebra Technologies to Acquire Xplore Technologies" (in en). https://www.zebra.com/us/en/about-zebra/newsroom/press-releases/2018/zebra-technologies-to-acquire-xplore-technologies.html.