Ingenico Selects MSL as Strategic Global Supplier

October 2003
Circuits Assembly;Oct2003, Vol. 14 Issue 10, p8
Trade Publication
Concord, Massachusetts-based MSL, an electronics manufacturing and supply-chain services company, announced that it has been chosen by France-based Groupe Ingenico as its primary worldwide strategic supplier and will provide global support for Ingenico's line of electronic payment terminals. As part of the multi-year agreement, Ingenico's subsidiary Telesincro, located in Barcelona, Spain, will transfer to MSL its manufacturing employees with technical expertise in electronic funds transfer point-of-sale (EFTPOS) and secure payment products, as well as certain assets and manufacturing space. The Barcelona plant, formerly Ingenico's only internal manufacturing site, manufactures approximately 600,000 terminals annually, approximately 40% of the company's global demand. MSL will provide manufacturing, build-to-order, order fulfillment and repair services to Ingenico from Barcelona and from additional locations worldwide. Ingenico offers a complete range of electronic payment systems, including fixed, portable and mobile payment terminals, secure smart card readers and related EFTPOS peripherals.


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