Code Blue Corporation announced that its products will now be available through ScanSource Networking & Security, a business unit of ScanSource, Inc., a leading global provider of technology products and solutions. ScanSource will carry Code Blue’s signature Help Points® and speakerphones in North America in an effort to help resellers bolster their emergency communications offerings.
Transition Networks announced it has partnered with ScanSource a provider of technology products and solutions, to expand the delivery of its high-quality edge connectivity solutions with a focus on physical security networks.ScanSource offers the industry’s best AIDC, point-of-sale, communications, physical security and emerging technology solutions, along with the highest level of service and support.
Mr. Sorrentino has been with ScanSource since 1999 and with the ScanSource Security business since its inception in 2004. He has more than 16 years of technology distribution experience and previously served as Vice President of Merchandising for ScanSource Security, where he was instrumental in developing the company’s line card to include the industry’s leading networking and physical security manufacturers. Prior to joining the Networking and Security business unit, Mr. Sorrentino served in merchandising leadership roles for ScanSource POS and Barcode in the US.
For some people, ScanSource ( SCSC ) may appear as though its merry days are over, while for others, they believe there is still some significant amount of value left in this leading specialty technology products distributor. In my opinion, both could be right. I cannot dismiss the fact that ScanSource’s business, which spreads across two major segments, Barcode & Security and Communication & Services, could be boosted by various catalysts, such as increased demand for value added products, and the recent reorganization of its business units from geographical to product-based segments, among others. On the other hand, the company’s revenues seem to be slowing, while margins remain low. Additionally, The company’s stock is trading at new all time highs in terms of P/E, which means, unless there is an improvement on earnings, then it is highly unlikely that the shares could rise any further. Additionally, ScanSource’s shares are approaching its multi-year all time highs, achieved when it traded pretty cheap in terms of P/E. ScanSource, The Business As noted, ScanSource operates across two major business segments, the Barcode & Security segment, which focuses on automatic identification and data capture, as well as Point of sale [POS] and electronic physical security technologies. Communications & Services on the other hand, focuses on communication technologies and services, which include voice and data products like voice recognition and call center management, and IP (internet protocol) communication applications among others. However, note that ScanSource is by no means a vendor of any of […]