Inside Asian Gaming

inside asian gaming January 2015 38 Tech Talk The rationale for JCM’s acquisition of FutureLogic mirrors the philosophy underpinning the development of its latest products: laying the foundations for enhanced capabilities and creating greater 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 and gaming industries. The latter is a 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’ve got the two together, you have a formidable company. “If you look at every facet of the business on the supplier side, there’s consolidation going on,” he observes. “So it makes sense Beyond Transactions The iVIZION was designed to be the “foundation of intelligent validation,” incorporating bundled enhancement tools, called Dynamic Network Applications , that give the iVIZION the potential to expand to be more than just a highly advanced bill validator.