Bell & Howell Co. announced last week that it has completed its previously announced acquisition of Protocorp International, a Monroe, N.C., developer of document imaging systems for the banking industry.
"Protocorp adds a stretegic software component in achieving Bell & Howell's goal of providing financial institutions with comprehensive customer service solutions," said Bill White, Bell & Howell's chairman and chief executive.
Protocorp president and CEO Ken Long said: "As a business unit within Bell & Howell, Protocorp will be in a position to engineer the next generation of integrated applications streamlining the managment of workflow" for organizations that are paper-intensive and data-intensive.
Officials at Skokie, Ill.-based Bell & Howell said Protocorp's headquarters will remain in North Carolina, with Mr. Long staying on as CEO.