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by Diane Himes, MA Editorial Staff Posted on Monday, June 23, 2008 4:36:27 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | Officials say OATSystems acquisition will help Checkpoint move closer to becoming a “one stop shop” for inventory management in the retail sector, while continuing to support OAT’s manufacturing customers.
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| Keywords: | RFID acquisition, Checkpoint acquisition |
Checkpoint Systems, a provider of RFID products for inventory management and merchandise protection, announced today that it will acquire RFID application and middleware provider OATSystems in an all-cash transaction expected to close within the next two weeks.
According to the two companies, OAT offers complementary applications that will enhance Checkpoint’s presence in the retail sector. Specifically, OAT software processes large quantities of data from RFID hardware to help retailers obtain accurate inventory levels and ensure on-shelf availability of merchandise.
“OAT has traditionally focused on three markets — manufacturing, retail, and CPG — so there are some obvious and logical points of synergy between Checkpoint and OAT,” said Paul Cataldo, vice president of marketing at OATSystems, in an interview today.
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