Sensormatic Sells Stake in Maker of Scanners

Sensormatic Electronics Corp. sold its minority stake in CheckRobot Inc. of Deerfield Beach to a Swiss investment company as part of its effort to refocus resources on core businesses, the companies have announced.

Terms of the sale to OmniCorp International B.V. were not disclosed.

The purchase makes OmniCorp, a merchant banking and investment subsidiary of Omni Holding A.G., CheckRobot’s largest shareholder, the company said.

A spokesman for Sensormatic said his company held a 34% stake in CheckRobot, but Ralph Nelson, vice president of CheckRobot, said Sensormatic’s holdings were equal to 26%.

CheckRobot makes automated checkout machines that allow supermarket shoppers to scan their own merchandise before paying central cashiers.

The company lost $2.8 million in the nine months ended Feb. 28, on revenue of $663,000.

Sensormatic manufactures electronic surveillance equipment used by retailers and manufacturers to deter theft.