The financials of the sale were not released.
According to a company press release, FutureLogic printers and couponing solutions, such as Ticket2Go, TableXchange and PromoNet systems products, provide key technology platforms for growth initiatives and recurring revenue. The products will strengthen and diversify JCM’s peripheral portfolio to the marketplaces and industries it serves globally, such as banking, gaming, kiosk, retail and transportation.
In addition to the FutureLogic line of products, JCM will continue to market, sell, service and support the Nanoptix line of printers, including the award-winning PayCheck 4 thermal printer.
“We are very pleased to add FutureLogic’s excellent line of printers and coupon solutions to the award-winning line of JCM’s peripheral products,” said Akiyoshi Isoi, president of JCM Global, in a prepared statement. “Since the beginning, JCM has operated with a philosophy of ‘customer first,’ and this acquisition will allow us to service our customers with more freedom of choice with unique and innovative peripheral solutions. We are fortunate to be in this position to capitalize on opportunities, such as the acquisition of FutureLogic. By maintaining our focus on ‘best-in-class’ components and continual dialog with our key customers, JCM will continue to deliver ‘value-added’ solutions that the marketplace desires.”
“We look forward to the next phase of development for FutureLogic as it brings innovative technology and world class customers to help fuel the growth of JCM,” said John Edmunds, chief marketing officer for FutureLogic. “The combination of JCM and FutureLogic product portfolios will provide a compelling offering in a variety of markets.”