Handheld Group acquired by MilDef
Handheld Group , a leading manufacturer of rugged mobile computers, today announced that they have signed an agreement to be acquired by MilDef, a Swedish based international supplier of tactical IT listed on Nasdaq SmallCap. MilDef has thru the transaction acquired 100% of the outstanding shares in Handheld Group ABThe two companies see great opportunities in the combined efforts and deep customer relations that exist on both sides but not necessarily are overlapping. Handheld will continue to be a free-standing Group of companies under the MilDef ownership.