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On February 5, 2002, the Company acquired 100% of Marconi Data Systems, formerly known as Videojet Technologies (âVideojetâ), from Marconi plc in a stock acquisition, for approximately $400 million in cash including transaction costs.
Massive Novitex-SourceHOV Merger Will Unleash $1.5B Financial Technology MSP Powerhouse. Pages. SourceHOV was formed by the April 2011 merger of SourceCorp and Lason, and grew further through the November 2014 acquisition of BancTec and September 2016 purchase of TransCentra. As a result, Lason's revenue has skyrocketed from $159 million in 2010 to an expected $900 million in 2016.