M&A Deal Summary

Datamax-O Neil Acquires Source Technologies - Thermal Printer Business

On May 31, 2013, Datamax-O Neil acquired technology hardware company Source Technologies - Thermal Printer Business from Source Technologies

Acquisition Highlights
  • This is Datamax-O Neil’s 2nd transaction in the Technology Hardware sector.
  • This is Datamax-O Neil’s 2nd transaction in the United States.
  • This is Datamax-O Neil’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2013-05-31
Target Source Technologies - Thermal Printer Business
Sector Technology Hardware
Buyer(s) Datamax-O Neil
Sellers(s) Source Technologies
Deal Type Divestiture

Target

Source Technologies - Thermal Printer Business

Charlotte, North Carolina, United States
Source Technologies' printers represent over three years of intense research and development with considerable company investment and resulted in 12 provisional patents. All ST Performance series printers are designed to use PCL5e, an industry standard printer language, which alleviates integration difficulties often caused by proprietary languages. The printers are easy to use, and offer reliability and performance at an affordable price.

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Buyer(S) 1

Buyer

Datamax-O Neil

Orlando, Florida, United States
Category Company
Founded 1977
Sector Technology Hardware
DESCRIPTION

Datamax-O'Neil is a manufacturer of fixed and mobile printers used in a variety of retail, warehouse and distribution, and health care applications.

DEAL STATS #
Overall 2 of 2
Sector (Technology Hardware) 2 of 2
Type (Divestiture) 2 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-16 Extech Instruments - Data Systems Division

Waltham, Massachusetts, United States

Extech Instruments' Data Systems Division is a developer of portable printers for enterprise-wide applications.

Buy -

Seller(S) 1

SELLER

Source Technologies

Charlotte, North Carolina, United States
Category Company
Founded 1986
Sector Technology Hardware
DESCRIPTION

Source Technologies, LLC is a provider of power to control financial transactions in real time using dynamic hardware, software and self-service solutions. Company products include magnetic ink character recognition (MICR) printers for printing checks and other negotiable documents using a level of security unrivaled in the industry.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1
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