Wednesday, October 15, 2008

Consolidation in the VGR world!

Here's something that I missed when it happened back in August - Braintech purchased Shafi.

According to this press release, posted on the web site of the Automated Imaging Assocation, the deal has been very successful. But then I guess they would say that, wouldn't they?

Personally I find it a little sad that two innovative businesses have become one. Perhaps it's a sign of a maturing industry, but I see innovation being traded-off for profit. There again, isn't that what capitalism is all about?

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