SATO, a provider of barcode printing, labeling, and EPC/RFID technology, announced its acquisition of Argox Information Co., Ltd., manufacturer of barcode printers, barcode scanners, and portable terminals.
Founded in 1996, Argox designs and manufactures low cost and entry level thermal printers that fulfill the application demands of emerging and industrial markets. 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.
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.