Auto Meter Products, Inc. Announces the Acquisition of Palmer Performance Engineering, Inc.
PRESS RELEASE: Sycamore, IL (March 31, 2015): Auto Meter Products, Inc. announced today that it has acquired the Palmer Performance Engineering, Inc. business, and that it has entered into a long term strategic alliance with Brian Palmer and the DashLogic Development Team. With this acquisition Auto Meter will add the award winning DashCommandTM app that can turn any iOS or Android smartphone or tablet into a fully customized dashboard and diagnostic tool to its instrumentation product line. Auto Meter also acquired the ScanXLTM and ScanXL ProTM diagnostic scan tools which will be added to its test equipment product range. Finally, Auto Meter added the Award Winning DashLogicTM display controller to its instrumentation business and technology portfolio. The DashLogicTM product range enables automotive enthusiasts to customize/re-purpose existing dashboard displays on their vehicle with a plug and play module that allows the consumer to display an expanded range of vehicle and engine readings.
Jeffrey G. King, President and CEO at Auto Meter commented, “We are honored to add the Palmer Performance Engineering business to our product and technology line-up. Brian Palmer and his engineering team have developed some very exciting technology and products that fully complement Auto Meter’s instrumentation and automotive test equipment businesses. We are excited to help take these products to the next level of sophistication and market exposure.”
Brian Palmer, President and CEO of Palmer Performance Engineering, Inc. commented, “I am very proud of the products that we have developed at Palmer and am confident that under Auto Meter’s guidance and support they will grow. Auto Meter was the perfect partner for us to choose to help take our product and technology platform to the next level. They have been great to work with, and we look forward to a long a successful partnership.”
Mr. King concluded, “We are also very excited about the long term strategic alliance that we have entered into with Brian and the DashLogic Development Team. We have some very interesting projects in the development phase and look forward to bringing them to market in the near future. We are confident that by combining Auto Meter’s market and display expertise with Palmer’s OBD/on-vehicle computer network interface skills, we will bring many new and exciting products to the automotive marketplace.”
About Auto Meter
Auto Meter is a leading developer and manufacturer of specialty automotive instrumentation systems as well as battery and electrical system test and charging equipment. The company operates out of a 93,000 square foot facility in Sycamore, Illinois and distributes its products to over 600 active customers within the specialty warehouse distributor, retailer and OEM channels. Auto Meter products are used throughout the world and are relied upon by professional racers from NASCAR, to NHRA, to Formula teams as well by sportsmen racers and by street enthusiasts. Auto Meter Test equipment is used by the world’s leading automotive retail and service organizations. To learn more about Auto Meter, please visit www.autometer.com
About Palmer Performance Engineering
Palmer Performance Engineering is an Orem, Utah based technology company that specializes in delivering unique technology solutions to performance enthusiasts through a focus on capturing, managing, and displaying on-vehicle information through the vehicles OBD port. To learn more about Palmer Performance Engineering please visit www.palmerperformance.com