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The agreement includes a number of different initiatives ranging from joint product development to cross-selling of each company’s products.
“This highly strategic partnership for our company will greatly benefit our customers,” says eff Timms, president for Microscan. “Microscan already has a great technology portfolio of barcode and machine vision, which combined with Cogiscan’s patented RFID technology and their complete software platform, provides comprehensive solutions for track, trace and control. Cogiscan has unique technology and position within the electronics manufacturing industry. Their modular approach provides short ROI and allows seamless integration with legacy systems, which is exactly what the market needs right now.”
“We believe that this partnership represents a key turning point for our company,” says François Monette, co-president for Cogiscan. “Our vision and our products are perfectly aligned and together we will be able to achieve more and faster than working separately. Overnight Microscan will be able to offer a wide range of Cogiscan’s existing products through Microscan’s existing channels and vice-versa. Over the long run we expect even more synergies as we expand our joint product and market development efforts.”
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