Moving to the next phase of a business relationship that began last year, JCM Global, automatic transactions solutions provider to the gaming industry, has completed its acquisition of 49 percent of Nanoptix Inc., a provider of thermal direct printers for kiosks. The agreement means JCM and Nanoptix have joined forces from an equity standpoint to deliver both top quality bill validators and printers, JCM Global President Aki Isoi said in a company press release.
"Our initial investment has proven to be a successful and profitable one, and we are very pleased to invest in the future with this acquisition," Isoi said. "We have a clearly defined roadmap for development that will exploit our network of technology relationships, and we expect to announce several new application projects that will build on the iVIZION platform and will further position PayCheck 4 for success."
Since JCM's initial investment last year, the PayCheck 4 thermal printer has been rebranded, marketed and sold as a JCM product, and in the few months since, the product is on track to earn more than a 40 percent ship share to new casino openings in 2012. The pairing of JCM's iVIZION bill validator and the PayCheck 4 printer has been successful, resulting in numerous contracts since JCM and Nanoptix joined forces.
The PayCheck 4 has also been integrated into Leap Forward Gaming's SaffariNet ecosystem, a project in which JCM is also a technology partner.
Read more about kiosk printers.