LVS will be integrated into Microscan and the LVS name will become a brand within Microscan’s barcode label verification portfolio.
The firm is a provider of label and print inspection, and barcode verification products and services for the life sciences and other industries.
The technology and products allow companies to inspect barcodes either off-line or in-line to achieve compliance to UDI and GS1 standards.
Microscan said the company had experienced rapid growth which is expected to continue as its technology enables companies to meet UDI (Unique Device Identification) legislation and improve product traceability throughout the manufacturing supply chain.
It added the firm will benefit from being part of Microscan’s global network as it looks to accelerate growth outside of North America.
Scott Summerville, president of Microscan, said there were many advantages to acquiring the trade and assets of LVS.
“The leadership team at Microscan has a strong interest in developing and investing in LVS’s technology and products to support the market, which is expanding due to regulatory trends and corporate quality initiatives,” he said.
“We will have the opportunity to accelerate the expansion of LVS products and solutions into key international markets, and to leverage the substantial synergies between LVS and Microscan sales, technology, and operations.”
Microscan works in precision data acquisition and control solutions serving a range of automation and OEM applications and is a subsidiary of Spectris, a supplier of instrumentation and controls.