The Orolia Group was founded in 2006 to serve the aerospace, defense and telecommunications markets with high precision electronics devices and systems. An IPO followed in July 2007 to enable the Group to expand into the US defense and security markets. In less than 6 years, an aggressive growth strategy resulted in 7 successful acquisitions. An expanded global presence resulted in a number 2 market position in its core activity of extremely accurate timing products.
In 2009, the Group doubled in size when it expanded into an adjacent technology space: positioning and geo-location. It acquired two leading manufacturers of emergency location beacons resulting in the number 2 market position in that category.
After a period of consolidating its activities, the Group's acquisition of Boatracs in July 2012 marked a move up the value chain in support of organizations operating infrastructure and critical systems in remote locations. The Boatracs business adds to a developing portfolio of telematics solutions for tracking and monitoring.
With a workforce of over 300 employees, Orolia Group revenues totaled 66.2 million Euros in 2012. Our success is rooted in a shared culture including entrepreneurial spirit, innovation, operational excellence and a high level of customer service.
- Acquisition of American company Boatracs Inc., a developer of telematics “machine-to-machine” solutions to the maritime industry
- Acquisition of the assets of UK-based Sarbe,a manufacturer of military emergency distress beacons
- Member of the French delegation G20 YES de Nice
- Awarded first place “Fast 50 technology” from Deloitte and third place “Aerospace Fast 5”
- Integration of the Kannad and McMurdo units
- Awarded the Creative Boldness Prize "Audace Créatrice" 2010
- Acquisition of Rapco Electronics, in Basingstoke UK and the creation of Orolia Global services
- Acquisition of the GPS signal generator product line from Space Systems Finland
- Acquisition of Kannad (France) and McMurdo (UK) : Orolia becomes N°2 worldwide of beacons distress
- Integration of Spectracom and Pendulum units
- Acquisition of Pendulum Instruments, headquartered in Stockholm, Sweden, a leader in high precision time and frequency test and measurement
- IPO on NYSE Alternext Paris
- Acquisition of American company Spectracom
- Creation of T4 Science, a joint-venture between Temex, Timetech GmbH and Vremya CH
- Spin-off of Temex's Timing and Synchronization activities, creating an independent group called Orolia
- Acquisition of Martec Tekelec Systèmes' synchronization division which becomes Temex Sync
- Acquisition in three stages of Swiss-basedTemex Neuchatel Time