Amano USA Holdings (AUH), acquired Accu-Time Systems (ATS), based in Ellington, Connecticut. "Amano and ATS share a common vision and the combination of our products and people provides an enhanced value proposition to our customers," said Mike Lee, CEO of AUH.
ATS is a developer, manufacturer and supplier of biometric and nonbiometric terminals to the time and attendance and workforce management industry in the U.S., Europe and other export markets. The company has innovative and reliable solutions to its growing customer base of business partners.
"We look forward to continuing and expanding the ATS tradition of providing quality innovative products here and abroad," Lee said.
"The acquisition just makes a lot of sense as ATS brings products and innovation that will leverage Amano's extensive offerings while Amano adds breadth and innovation to ATS," said Peter DiMaria, President and founder of ATS.
The acquisition of ATS will provide a synergistic effect to Amano's sales channels for time and workforce management. AUH looks forward to continuing growth in both businesses by leveraging the innovation that ATS brings to Amano.
In joining the Amano Group of companies, ATS will gain greater access to overseas markets and benefit from the global engineering and support infrastructure that Amano can provide. ATS's valued business partners will share in these benefits of greater market coverage as well as technical resources of a larger group.
ATS will continue to be led by DiMaria and his management team. "Having been in our industry 20 years, we have been aware of Amano as a quality supplier of time and attendance products," DiMaria said. "We have admired their dedication to quality and consistency from afar. Once our executive staffs started talking, we realized the agreement became a compelling opportunity for both of us."