IAG JANUARY 2015 - page 38

inside
asiangaming
January2015
38
TechTalk
The rationale for JCM’sacquisitionof FutureLogicmirrors the
philosophyunderpinning thedevelopment of its latest products: laying
the foundations forenhancedcapabilitiesandcreatinggreater value
F
our months ago, JCM Global
finalized its US$70.6 million
acquisition of FutureLogic. The
former is a major international
supplier
of
transaction
technologies for the banking, retail, kiosk
andgaming industries. The latter isa leading
supplier of printers and couponing solutions
with a wide range of applications, including
slot tickets and gaming vouchers, fuel pump
receipts, medical devices, POS coupons and
labels for assembly-line products. Gaming
is the biggest business segment for both
companies and for the combined entity.
As JCM sees it, its purchase of
FutureLogic has expanded its portfolio and
positioned it better to serve its customers.
“[The two companies] have complementary
products and there are no overlaps as
far as the product space is concerned,”
says General Manager of New Business
Development Kunal Mishra. “And the
customers have been appreciative of that
because JCM is obviously a dominant brand
and probably the oldest component brand
in the business. FutureLogic is obviously
No. 1 for printers worldwide in gaming. So
when you’vegot the two together, youhave a
formidable company.
“If you look at every facet of thebusiness
on the supplier side, there’s consolidation
going on,” he observes. “So it makes sense
Beyond
Transactions
The
iVIZION
was
designed tobe the
“foundationof intelligent
validation,” incorporating
bundledenhancement
tools, called
Dynamic
NetworkApplications
,
that give the
iVIZION
the
potential toexpand tobe
more than just ahighly
advancedbill validator.
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