TSC Acquires Printronix Thermal/AIDC Business

Posted November 18, 2015

TSC is pleased to announce we have signed a definitive agreement to acquire the Printronix Thermal/AIDC Business.

The Printronix Thermal/AIDC Printing Business is focused on mission-critical, high-volume industrial printing applications and has a strong global network of partners and premium end-user base. TSC will acquire all intellectual and branding rights to Printronix’ Industrial Thermal stationary and mobile printersbarcode verification, RFID, and PrintCart product lines that will operate post-closing as a stand-alone company called Printronix Auto ID.

“The acquisition of the Printronix Thermal/AIDC Business presents tremendous opportunities for both companies, its partners, and its end-user base,” said Sam Wang, President of TSC Auto ID. “The two companies are extremely complementary from Product, Channel, and Technology perspectives. Printronix’s recognized excellence in the Industrial printing segments is the optimal addition to TSC’s strong base in desktop printing. Additionally, Printronix’s strength in the Americas and EMEA will also help both companies accelerate growth in these regions. We are very excited to be joined by our new team members, and to create a broader and more competitive product offering for both customer bases.”

With this acquisition, TSC is firmly entrenched as one of the world’s five largest barcode printer manufacturers.

Printronix has been addressing global customer needs for mission-critical industrial printing for over 40 years. If offers robust solutions for automotive, retail, and food & beverage enterprises worldwide. TSC has forged an ODM relationship with Printronix since 2012, collaborating on developments of industrial and mobile product lines. Team members of both companies have established strong working relationships across these development, paving the way for integration success.

The transaction is expected to close by January 2016.

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