Digital Check acquires product lines from Burroughs

NORTHBROOK - Digital Check Corp., has agreed to an asset purchase with Burroughs Inc. that includes the people, products, and expertise supporting the SmartSource, Elite, Quantum DS, and ReceiptNow family of products.

Terms of the transaction were not disclosed.

The assets will become an integrated part of Digital Check's operation and take on the Digital Check brand name.

The acquisition significantly broadens Digital Check's product lineup and it bolsters the company's global network of reseller and partner relationships.

"Digital Check has been a pioneer and leader in the check scanning industry, and this acquisition brings together two of the most trusted brands, allowing us to even better serve our customers and partners around the world," said Thomas P. Anderson, president and CEO.

Bruce Young, currently general manager of the Burroughs check scanner and receipt printer business, will join the Digital Check as vice president, general manager - SmartSource Scanner Business, and will oversee product engineering and development. Digital Check will maintain operations of the newly acquired group in Plymouth, MI.