Microscan acquires Label Vision Systems
To further accelerate growth outside the US
Microscan Systems has bought the trade and assets of Label Vision Systems (LVS), for an undisclosed sum.
LVS will be integrated into Microscan and established as a brand within the company’s barcode label verification portfolio.
Founded in 1982, Microscan, located in Renton, WA, US, is an industrial barcode reading and machine vision technology specialist, while LVS is known for technology leadership and will benefit from being part of Microscan's global network as it seeks to accelerate growth outside the US.
Established in Peachtree City, Georgia, in 1993, LVS provides label inspection, print inspection, and barcode verification products, solutions, and services for the life sciences and other industries.
The company says its technology enables companies to meet UDI (Unique Device Identification) legislation and to improve product traceability throughout the manufacturing supply chain.
LVS’s technology, products, and solutions allow companies to inspect barcodes either off-line or in-line to achieve 100% compliance to UDI and GS1 standards.
'This is a strategic move for Microscan,' said 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.
'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.'