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Retail Technology, Retail technology News

Amano acquires Accu-Time Systems

Thursday February 18 2010

US giant buys time, attendance and workforce management systems supplier

US giant buys time, attendance and workforce management systems supplier

 

Amano USA Holdings (AUH) recently announced the acquisition of Accu-Time Systems (ATS), which is also based in the US.

 

“Amano and ATS share a common vision and the combination of our products and people provides an enhanced value proposition to our customers,” stated Mike Lee, chief executive of Amano, which has annual revenues in excess of $700 million (£449m) from its time recording, access control, automated parking and cleaning systems business and is a subsidiary of Amano Corporation of Japan.

 

ATS develops, manufactures and supplies biometric and non-biometric terminals to the time and attendance and workforce management industry in the US and more recently into Europe and other export markets.

 

“We look forward to continuing and expanding the ATS tradition of providing quality innovative products here and abroad,” added Lee.

 

International expansion of reach

 

“The acquisition just makes a lot of sense, as ATS brings products and innovation that will leverage Amano's extensive offerings while Amano adds significant breadth and innovation to ATS,” said Peter DiMaria, president and founder of Accu-Time.

 

The companies said the acquisition of ATS will provide would compliment Amano’s sales channels for time and workforce management.

 

In joining the Amano Group of companies, ATS said it and its business partners would gain greater access to overseas markets and benefit from the global engineering and support infrastructure that Amano can provide.

 

ATS will continue to be led by DiMaria and his management team. “Having been in our industry 20 years we have always been aware of Amano as a quality supplier of time and attendance products. We have admired their dedication to quality and consistency from afar. Once our executive staffs started talking we realized the agreement became a compelling opportunity for both of us,” DiMaria added.