The deal means that Japanese barcode firm Sato snaps up a 100% share in DataLase. It previously held a 33.3% stake in the DataLase and both companies linked up in 2015 to form strategic partnership SpeciaLase.
DataLase chief executive Chris Wyres said: “We are pleased to announce this evolution of our strategic partnership with SATO and firmly believe this will enable our revolutionary inline digital printing solutions to be delivered to a global customer base.”
Sato president and chief executive Kaz Matsuyama added: “Embracing new technologies to tag, track and link data to everything is key to developing innovative on-site solutions that enable the streamlined work sites of the future. This acquisition expands the Auto-ID options for our customers and we consider it absolutely essential to achieving our long-term business objectives.”
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