Lasertechnics Marking Purchased by Amphion Capital
ALBUQUERQUE, N.M., April 6 -- Lasertechnics Marking Corp. has been acquired by Amphion Capital Management, a New York City investment capital firm. LMC was a wholly owned subsidiary of AXCESS Inc. of Dallas, Texas. Amphion Capital Management is a major shareholder of AXCESS Inc.
Gene Bourque, president and CEO of LMC, stated, The sale strategically makes LMC a private company, which puts it in a stronger position to more quickly help consumer products companies meet growing demands for 'best if purchased by' date codes. In addition, our new corporate positioning will enable us to advance our relationship with Rofin-Sinar UK Ltd., a majority owned subsidiary of Rofin-Sinar Technologies Inc., to bring new laser marking technologies to the marketplace.
MORE FROM PHOTONICS MEDIA