PSC Inc. was a manufacturer of

portable data terminal A portable data terminal, or shortly PDT, is an electronic device that is used to enter or retrieve data via wireless transmission (WLAN or WWAN). They have also been called enterprise digital assistants (EDA), data capture mobile devices, batch ...

mobile data terminal A mobile data terminal (MDT) or mobile digital computer (MDC) is a computerized device used in emergency services, public transport, taxicabs, package delivery, roadside assistance, and logistics, among other fields, to communicate with a cent ...

s, wireless terminals,

bar code A barcode or bar code is a method of representing data in a visual, Machine-readable data, machine-readable form. Initially, barcodes represented data by varying the widths, spacings and sizes of parallel lines. These barcodes, now commonly refe ...

scanners, linear bar code verifiers, and

RFID Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder, a radio receiver and transmitter. When triggered by an electromag ...

readers. It was founded in 1969 by John E. Blackert (

Xerox Xerox Holdings Corporation (; also known simply as Xerox) is an American corporation that sells print and electronic document, digital document products and services in more than 160 countries. Xerox is headquartered in Norwalk, Connecticut (ha ...

) and Lawrence P. Albertson (

Eastman Kodak The Eastman Kodak Company (referred to simply as Kodak ) is an American public company that produces various products related to its historic basis in analogue photography. The company is headquartered in Rochester, New York, and is incorpor ...

) as Photographic Sciences Corporation in

Webster, New York Webster is a town in the northeastern corner of Monroe County, New York, United States. The town is named after orator and statesman Daniel Webster. The population was 42,641 at the 2010 census. The town's motto is "Where Life Is Worth Living." ...

(a suburb of

Rochester Rochester may refer to: Places Australia * Rochester, Victoria Canada * Rochester, Alberta United Kingdom *Rochester, Kent ** City of Rochester-upon-Medway (1982–1998), district council area ** History of Rochester, Kent ** HM Prison ...

History

In 1996, PSC acquired Spectra-Physics Scanning Systems, Inc., and also acquired Percon Inc., a manufacturer of portable data terminals. In 2002, PSC went through bankruptcy reorganization. Littlejohn & Co., a private equity firm, purchased all of the company's

senior Senior (shortened as Sr.) means "the elder" in Latin and is often used as a suffix for the elder of two or more people in the same family with the same given name, usually a parent or grandparent. It may also refer to: * Senior (name), a surname ...

and

subordinated debt In finance, subordinated debt (also known as subordinated loan, subordinated bond, subordinated debenture or junior debt) is debt which ranks after other debts if a company falls into liquidation or bankruptcy. Such debt is referred to as 'subordi ...

of $124 million. During the reorganization PSC spun off its software division, IntelliTrack to private investors.

Acquisition by Datalogic

On October 24, 2005, Datalogic announced News - Article - Datalogic S.P.A. (Star: Dal.Mi) Agrees To Acquire The American Company Psc Inc. And Calls The Shareholders' Meeting To Approve A Capital Increase
/ref> that it had signed a binding contract for the

takeover In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to t ...

of the entire

capital stock A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capi ...

of PSC Inc.. The agreed price was set at approximately $195 Million. Datalogic retired the PSC brand name on April 2, 2007. The PSC legacy was catered to in the new corporate logo of Datalogic by adding a star representing PSC. Datalogic decided to retain some of the PSC product brand names including Magellan, Duet, Falcon, PowerScan, and QuickScan.

References

External links

PSC Inc.Datalogic Group
Electronics companies of the United States Radio-frequency identification {{US-manufacturing-company-stub