The acquisition represents the first step in Datamax-ONeils long-term external growth strategy to gain market share and strengthen its leadership position in the global Auto-ID market by broadening its product offerings and global presence.
Datamax-ONeil, part of Dover Corporations Product Identification Platform and global provider of label and receipt printing solutions, has acquired Extech Instruments Data Systems Division, one of the world's leading developers of portable printers for enterprise-wide applications. Extech Instruments, based in Waltham, Massachusetts is a subsidiary of FLIR Systems. The acquisition expands Datamax-ONeils portable printer portfolio, and strategically positions the company to gain market share and significantly grow its global customer base.
This acquisition is an early example of our goal to distinguish Datamax-ONeil as the clear leader in the auto-ID marketplace, with the industrys most complete product range and an aggressive plan for global marketshare growth, said Christian Lefort, president of Datamax-ONeil. Im pleased to welcome Extechs portable printing division into Datamax-ONeil and believe that this addition positions us and our combined channel partners to be more competitive and achieve greater success.
Datamax-ONeil has completed its unification and has now begun to implement its long-term strategy for sustained growth, said Omar Kerbage, president and CEO of Dover Corporations Product Identification Group (PIDG). The opportunity to better service our customers is now expanded with this acquisition, and I have confidence that the Datamax-ONeil management team can execute an effective plan that will lead to market leadership with a superior suite of products, unmatched service, and the support and extensive resources available from
Extech Instruments portable printer division offers a diverse line of thermal and dot matrix portable printers that are sold worldwide through an expansive network of distributors and marketing partners. The division will be fully integrated into Datamax-ONeil over a four month period, and the printers will be marketed under the Datamax-ONeil brand. The printers will complement Datamax-ONeils premium portable printer portfolio with the addition of a full line of high-value, costcompetitive printers for mobile requirements, including Point-of-Sale (POS), hospitality, route accounting and field service. The printers will appeal to price sensitive applications, and are available in 2, 3 and 4 inch configurations.