JCM Finalizes Deal To Buy FutureLogic From American Capital

(RTTNews) - CM Innovation Corp, a unit of JCM American, doing business as JCM Global, on Tuesday finalized its acquisition of FL Group LLC, doing business as FutureLogic, from American Capital Ltd (ACAS). The financial terms of the deal were not disclosed.

The deal's closing further enhances JCM's competitive position as a supplier of peripheral products to the industries it serves around the world, including banking, gaming, kiosk, retail and transportation.

JCM's line of peripheral component products now includes bill validators, printers, digital media as well as FutureLogic printers and couponing solutions, such as Ticket2Go, TableXchange and PromoNet systems products.

In addition to the FutureLogic line of products, JCM will continue to market, sell, service and support the Nanoptix line of printers.

JCM Global is a transaction technologies supplier for the banking, retail, kiosk and gaming industries.