Free Newsletter
Register for our Free Newsletters
Newsletter
Zones
Analysis, Inspection and Laboratory
LeftNav
Assisted/Independent Living
LeftNav
Clinical and Nursing Equipment
LeftNav
Design and Manufacture of Medical Equipment
LeftNav
Diagnostics Equipment, Monitoring and Test
LeftNav
Education, Training and Professional Services
LeftNav
Health Education and Patient Management
LeftNav
Health Estates Management
LeftNav
Healthcare Support and Information Services
LeftNav
Hygiene and Infection Control
LeftNav
IT and Communications in Healthcare
LeftNav
Materials
LeftNav
Medical Device Technology
LeftNav
Research and Development
LeftNav
Safety and Security
LeftNav
View All
Other Carouselweb publications
Carousel Web
Defense File
New Materials
Pro Health Zone
Pro Health Zone
Pro Security Zone
Web Lec
Pro Engineering Zone
 
 
News

SATO acquires Argox Information

SATO : 19 December, 2011  (Company News)
SATO is acquiring Argox Information, a major manufacturer of barcode printers, barcode scanners, and portable terminals, making Argox a member of the SATO Group of companies.
Founded in 1996, Argox became one of the world's leading design and manufacturers of low cost and entry level thermal printers that fulfill the application demands of emerging and industrial markets for cost effective, reliable products. Ever expanding its market influence Argox has focused on China, Brazil, Turkey, and is today tracking to become a main provider of auto-ID solutions in countries such as India, Russia and South Africa.

 

"SATO adopted a holding company structure on October 3rd of this year and as a result realized many benefits which include: strengthened profitability, growth potential, advancements in technology innovations, and to make investments into new and/or growing businesses." said Kaz Matsuyama, President and  Chief Executive Officer of SATO Holdings. "The acquisition of Argox exemplifies our mission and compliments the business models of both Argox and SATO alike."

 

"SATO will continue to escalate its expansion of business into emerging markets which includes the strengthening of a label production facility for printer consumables in Poland, and to complete simultaneous acquisitions of label production companies in China, Argentina, and Brazil. We believe we will be able to fully enjoy the strategic relationships between those investments in addition to this important Argox acquisition."

 

To ensure the continuity of business, Argox will continue its operations as an independent entity, reporting to SATO Holdings Corporation.  Going forward, SATO and Argox will leverage strategic benefits from each other such as cooperative relationships in product development and reduction in developmental costs. The current management of Argox will remain in place and as mentioned both companies plan to operate independently with a 'strategically complimentary relationship' to ensure that both companies take full advantage of their strengths.
Bookmark and Share
 
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
 
   © 2012 ProHealthServiceZone.com
Netgains Logo