Printronix

Printronix
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

  1. ↑ "Archived copy". Archived from the original on 2015-09-29. Retrieved 2015-09-28.
  2. ↑ "PrintNet Enterprise – Printronix". printronix.com. Retrieved 2016-08-16.
  3. ↑ "Products – Printronix". printronix.com. Retrieved 2016-08-16.
  4. ↑ 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.
  5. ↑ Printronix announces completion of acquisition by Vector Capital
  6. ↑ Printronix Named Winning Bidder in Acquisition of U.S.-Based Assets of TallyGenicom
  7. ↑ "BDA advises on divestment of Printronix to Corona Investment Partners | BDA Partners Ltd". www.bdapartners.com. Retrieved 2016-08-16.
  8. ↑ "Irvine Printer Maker Names CEO | Orange County Business Journal". www.ocbj.com. Retrieved 2016-08-16.
  9. ↑ MURPHY, BARBARA (1998-01-27). "Eltron Sells RJS Name and Bar-Code Unit". Los Angeles Times. ISSN 0458-3035. Retrieved 2016-08-16.
  10. ↑ Journal, RFID. "RFID Printer Maker Printronix Acquired for $108M - Page 1 - RFID Journal". www.rfidjournal.com. Retrieved 2016-08-16.
  11. ↑ "TallyGenicom". tallygenicom.com. Retrieved 2016-08-16.
  12. ↑ "BDA Advises on Divestment of Printronix to Corona Investment Partners - PR.com". www.pr.com. Retrieved 2016-08-16.
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