Posiflex Technologies, a professional POS (point of sales) hardware solution provider, has acquired a majority stake in Bengaluru(INDIA)-based Protocol Solutions—one of their leading distributors in India. With this, Protocol Solutions will now be called Posiflex India.
This strategic move will help shorten the lead time of delivery, increase brand awareness and expand market share. Posiflex will not only acquire the existing channel resource, but also give access to the Indian software development industry to bundle with their hardware. It is expected to offer low TCO (Total Cost of Ownership) solution from India to global channels eventually.
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