Microscan acquires print vision inspection company Label Vision Systems
Microscan Systems, Inc. confirmed that it has acquired the trade and assets of Label Vision Systems Inc., a company specializing in label and print inspection, as well as barcode verification.
As part of the acquisition, LVS will be integrated into Microscan and the LVS name will become a brand within Microscan’s barcode label verification portfolio. Based in Peachtree City, GA, USA, LVS is a provider of label inspection, print inspection, and barcode verification products, solutions, and services for thelife sciences and other industries. As of late, LVS has experienced recent rapid growth and is expected to continue this moving forward as its products enable companies to meet UDI (Unique Device Identification) legislation and to improve product traceability throughout the manufacturing supply chain.
"This is a strategic move for Microscan," says Scott Summerville, President of Microscan. "There are many advantages to acquiring the trade and assets of LVS. The leadership team at Microscan has a strong interest in developing and investing in LVS’s technology and products to support the market, which is expanding due to regulatory trends and corporate quality initiatives."
He continued, "We will have the opportunity to accelerate the expansion of LVS products and solutions into key international markets, and to leverage the substantial synergies between LVS and Microscan sales, technology, and operations."
For the past month or so, Microscan has been teasing what would seem to be a major product release with its marketing pieces using terms like “intuitive, small, and agile” to describe a barcode reading product. Keep an eye out for updates on this as well, as Microscan is sure to be in the headlines in the coming weeks.
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