Datamax-O'Neil Acquires Extech's Data Systems Division
16 Dezember 2009 - 2:30PM
PR Newswire (US)
NEW YORK, Dec. 16 /PRNewswire-FirstCall/ -- Dover Corporation
(NYSE:DOV) announced today that Datamax-O'Neil, a Dover operating
company in its Engineered Systems Segment and a 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. Financial terms of the transaction were not
disclosed. The acquisition is reflective of Datamax-O'Neil's
long-term strategy to strengthen its strong position in the global
Auto-ID marketplace and Dover's desire to grow its product
identification footprint. Dover expects the division to be fully
integrated into Datamax-O'Neil over a four month period with all
printers marketed under the Datamax-O'Neil brand. Raymond Hoglund,
Dover Engineered Systems President and Chief Executive Officer
said, "The acquisition of Extech's portable printing division
expands Datamax-O'Neil's product line and customer base while at
the same time enhancing the Company's overall technology. This
acquisition fits squarely within Dover's strategy of pursuing
synergistic acquisitions that strengthen and better position our
companies serving targeted end-markets such as product
identification." About Dover Corporation Dover Corporation is a
global portfolio of manufacturing companies providing innovative
components and equipment, specialty systems and support services
for a variety of applications in the industrial products,
engineered systems, fluid management and electronic technologies
markets. For more information, please visit
http://www.dovercorporation.com/. About Datamax-O'Neil
Datamax-O'Neil is a trusted global provider of stationary and
portable label and receipt printing solution products that enable
manufacturing and supply markets to capture the benefits of
automated product identification and automated legal and financial
transactions. Datamax-O'Neil is the barcode and mobile printing
business group of Dover Corporation's Product Identification Group
(PIDG), a global platform entity with products and services
covering all the leading marking technologies and applications. The
company's products address a wide variety of applications,
including those in the industrial, healthcare, retail, automotive
and ticketing market sectors. Datamax-O'Neil is headquartered in
Orlando, Florida, and maintains key facilities in California,
Illinois, and France, as well as sales and technical support
offices around the world. READ IT ON THE WEB
http://www.dovercorporation.com/ DATASOURCE: Dover Corporation
CONTACT: Paul Goldberg, Treasurer & Director of Investor
Relations of Dover Corporation, +1-212-922-1640 Web Site:
http://www.dovercorporation.com/
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