Barcoding To Expand North American Presence Through Planned Combination with DecisionPoint Systems
BALTIMORE--(BUSINESS WIRE)--May 01, 2024--
Barcoding, Inc. ("Barcoding"), a supply chain automation and innovation
company, together with Graham Partners, today announced that an
affiliate of Barcoding has entered into a definitive merger agreement
with DecisionPoint Systems, Inc. (NYSE American: DPSI)
("DecisionPoint"). DecisionPoint is a leading mobility-first enterprise
services and solutions company and a leading provider of retail in-store
solutions and services centered on Point-of-Sale systems headquartered
in Del Ray Beach, FL with additional locations in California, North
Carolina, Colorado, Utah and Pennsylvania.
The combination of Barcoding and DecisionPoint will create a business of
scale and a leader in supply chain automation by expanding Barcoding's
existing value proposition into the adjacent point-of-sale technologies
space while establishing a national footprint with strongholds in the
Southeast and West Coast.
"With our planned combination with DecisionPoint, Barcoding continues to
focus on growth that will directly and positively impact our customers
and partners. Combining Barcoding and DecisionPoint will enhance our
offerings and allow us to better serve enterprise customers in retail,
supply chain and other sectors with a more comprehensive set of
solutions and services. We look forward to welcoming the DecisionPoint
team into the Barcoding family," said Shane Snyder, CEO and president of
Barcoding.
About Barcoding, Inc.
Barcoding is a supply chain automation and innovation company that helps
organizations be more efficient, accurate, and connected. With our
enterprise platform IntelliTrack$(R)$ and extensive subject matter
expertise in data capture and automation, labels and printing, mobile
computing, and managed services, we are trusted to build and manage
solutions for some of the best IT and operations teams in the world.
Founded in 1998, Barcoding is headquartered in Baltimore, Md., with
offices across North America (Chicago, Houston, Seattle, Montreal,
Toronto and Vancouver). For more information, visit www.barcoding.com.
About DecisionPoint Systems
DecisionPoint Systems, Inc. delivers mobility-first enterprise managed
services and solutions centered around the deployment, integration and
support services for essential retail, supply chain, hospitality,
healthcare and other verticals utilizing data capture and POS
technologies, enabling customers to make better and faster operational
and business decisions. For more information about DecisionPoint Systems,
Inc., visit https://www.decisionpt.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240501065653/en/
CONTACT: Lindsey Young
lyoung@theblissgrp.com
205-616-7848
(END) Dow Jones Newswires
May 01, 2024 10:48 ET (14:48 GMT)
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