Printronix
 | |
| Company type | Private |
|---|---|
| Industry | Manufacturing |
| Founded | (1974) |
| Headquarters | Irvine, California |
Key people | Werner Heid, CEO & President |
| Products | Industrial printing solutions |
Number of employees | 600 worldwide |
| Website | http://printronix.com |
Printronix is an American supplier of line matrix printers.The company offers enterprise grade industrial printing solutions. Printronix is based in Irvine, California, and operates across 14 offices worldwide.[1]
Products
Printronix’s printers are primarily used in industrial environments for printing high-volume labels, bar-codes, invoices, manifest and bill of lading documents, delivery sheets, reports, build/broadcast sheets, green bar and bank statements.
PrintNet Enterprise Suite (PNE), a web-based application allowing administrators to network and manage all Printronix line-matrix printers from a single computer, was launched in 2007.[2]
Printronix also offers consumables, parts, accessories, service and software.[3]
History
Printronix was founded in 1974 by Robert A. Kleist and business partner Gordon Barrus, and David Mayne. Working out of a garage in Playa Del Rey, California, the Printronix team developed a 300-line-per-minute (LPM) prototype line printer, called the P300[4] series.
In January 2008, Printronix was acquired by Vector Capital[5] and became a private company and in 2009 Printronix acquired its closest competitor, TallyGenicom.[6] As a result of the TallyGenicom acquisition, Printronix now owns the intellectual property for the TallyGenicom line printers. Printronix was acquired by Corona Investment Partners,[7] a New York City based private investment firm in January 2013.
Werner Heid[8] was appointed CEO of Printronix in 2015, taking over from Randy Eisenbach who retired from the board after a 6-year tenure. Heid was the CEO of Iomega Corp before taking over the reins at Printronix.
- 1976: Printronix goes Public and trades on the Nasdaq.
- 1981: Opens Holland manufacturing facility and expands global operations to Europe, Middle-East and Africa.
- 1985: Operations expand into Asia-Pacific with the opening of the Singapore Facility.
- 1995: Printronix enters the Indian Market and signs agreement with Wipro.
- 1998: Expansion into the China Market.
- 2001: Printronix acquires RJS and enters the scanner/ verifier market.[9]
- 2008: Acquired by Vector Capital, Printronix becomes a Private Company.[10]
- 2009: Printronix acquires TallyGenicom.[11]
- 2013: Corona Investments acquires Printronix.[12]
References
- ^ "Archived copy". Archived from the original on 2015-09-29. Retrieved 2015-09-28.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help)CS1 maint: archived copy as title (link) - ^ "PrintNet Enterprise – Printronix". printronix.com. Retrieved 2016-08-16.
- ^ "Products – Printronix". printronix.com. Retrieved 2016-08-16.
- ^ Webster, Edward (2000). Print unchained : fifty years of digital printing, 1950-2000 and beyond : a saga of invention and enterprise. West Dover, Vt.: DRA of Vermont. p. 137. ISBN 0-9702617-0-5.
- ^ Printronix announces completion of acquisition by Vector Capital
- ^ Printronix Named Winning Bidder in Acquisition of U.S.-Based Assets of TallyGenicom
- ^ "BDA advises on divestment of Printronix to Corona Investment Partners | BDA Partners Ltd". www.bdapartners.com. Retrieved 2016-08-16.
- ^ "Irvine Printer Maker Names CEO | Orange County Business Journal". www.ocbj.com. Retrieved 2016-08-16.
- ^ MURPHY, BARBARA (1998-01-27). "Eltron Sells RJS Name and Bar-Code Unit". Los Angeles Times. ISSN 0458-3035. Retrieved 2016-08-16.
- ^ Journal, RFID. "RFID Printer Maker Printronix Acquired for $108M - Page 1 - RFID Journal". www.rfidjournal.com. Retrieved 2016-08-16.
- ^ "TallyGenicom". tallygenicom.com. Retrieved 2016-08-16.
- ^ "BDA Advises on Divestment of Printronix to Corona Investment Partners - PR.com". www.pr.com. Retrieved 2016-08-16.