This Slide: #78 of 100 |
Slide #78. Astro-Med, Inc. — Miltope Aerospace Printer Business
Acquirer:
Astro-Med, Inc. (NASDAQ:ALOT)
Acquiree:
Miltope Aerospace Printer Business
Details:
Astro-Med, Inc. (NASDAQ: ALOT), a leading provider of advanced technology printing and data acquisition systems, announced that the acquisition of Miltope Corporation's line of ruggedized aerospace printers was completed on January 22, 2014 for approximately $6.7 million. The acquisition was funded from cash on hand.
AstroNova utilizes its proprietary data visualization technologies to design, develop, manufacture, distribute and service a range of products that acquire, store, analyze and present data in multiple formats. Co.'s business consists of two segments, Product Identification (PI) and Test & Measurement (T&M). The PI segment includes specialty printing systems and related supplies sold under the QuickLabel®, TrojanLabel® and GetLabels brand names. The T&M segment includes Co.'s line of aerospace printers ethernet networking products and test and measurement data acquisition systems sold under the AstroNova ® brand name.
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Hold (2.00 out of 4) 100th percentile
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