SpotSee®, a global leader in environmental condition monitoring solutions that protect products against supply chain damage and validate critical processes, has acquired Marathon Products, a leading provider of temperature data loggers and monitors for ultra-low and high-temperature applications. This acquisition will expand SpotSee’s existing product portfolio to provide life science and other customers with connected product solutions ranging from low-cost condition indicators at a saleable unit level, to precision data loggers and condition monitors for larger bulk shipments.
“Our mission is to connect our life science customers to the condition of their pharmaceuticals and diagnostics as they travel from manufacturer to patient,” said Tony Fonk, CEO, SpotSee. “The Marathon acquisition gives SpotSee over 50 additional cost-effective solutions for monitoring temperature and humidity, including the best -80⁰C dry ice data logger on the market, which is ideal for ultra-cold chains.”
“SpotSee is the ideal partner for the next generation of Marathon,” said Jon Nakagawa, CEO, of Marathon Products, who will be staying with the business. “Their global sales, distribution, customer, and product support network will enable us to serve new customers throughout the globe.”
SpotSee’s largest market segment is life science. As a result of this acquisition, SpotSee will be able to expand its offering to pharmaceutical and diagnostic developers, manufacturers, wholesalers, third-party logistics (3PLs), dispensers, and patients. In addition to life science, SpotSee will also be able to expand its presence in other cold chain markets such as food safety and chemicals.
