Another takeover...More consolidation in the market place. It apears that printers are big business.
Jan 7,05
Dover Technologies Acquires Datamax
Dover Corp. has announced that its subsidiary Dover Technologies has acquired Datamax, an Orlando, Fla.-based maker of RFID smart label and bar code printers. Terms of the transaction were not disclosed. Datamax products are sold in more than 65 countries. Dover is a diversified industrial manufacturer with more than $5 billion in annualized revenues from operating companies that make specialized industrial products and equipment. Dover Technologies includes a product identification and printing group under which Datamax will operate. The group also consists of Imaje, a world leader in industrial inkjet and thermal marking, and Mark Andy, a leading manufacturer of narrow-web printing equipment. Datamax president William Bouverie says being part of Dover will enable Datamax to make further investments into growth areas, including RFID.