The Acquisition Represents the First Step in Datamax-O'Neil's Long-Term External Growth Strategy to Gain Market Share and Strengthen Its Leadership Position in the Global Auto-ID Market by Broadening Its Product Offerings and Global Presence
Datamax-O'Neil, part of Dover Corporation's (NYSE: DOV) Product Identification Platform and 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. The acquisition expands Datamax-O'Neil's portable printer portfolio, and strategically positions the company to gain market share and significantly grow its global customer base.
"This acquisition is an early example of our goal to distinguish Datamax-O'Neil as the clear leader in the auto-ID marketplace, with the industry's most complete product range and an aggressive plan for global marketshare growth," said Christian Lefort, president of Datamax-O'Neil. "I'm pleased to welcome Extech's portable printing division into Datamax-O'Neil and believe that this addition positions us and our combined channel partners to be more competitive and achieve greater success."
"Datamax-O'Neil has completed its unification and has now begun to implement its long-term strategy for sustained growth," said Omar Kerbage, president and CEO of Dover Corporation's Product Identification Group (PIDG). "The opportunity to better service our customers is now expanded with this acquisition, and I have confidence that the Datamax-O'Neil management team can execute an effective plan that will lead to market leadership with a superior suite of products, unmatched service, and the support and extensive resources available from Dover's PIDG."
Extech Instruments' portable printer division offers a diverse line of thermal and dot matrix portable printers that are sold worldwide through an expansive network of distributors and marketing partners. The division will be fully integrated into Datamax-O'Neil over a four month period, and the printers will be marketed under the Datamax-O'Neil brand. The printers will complement Datamax-O'Neil's premium portable printer portfolio with the addition of a full line of high-value, cost-competitive printers for mobile requirements, including Point-of-Sale (POS), hospitality, route accounting and field service. The printers will appeal to price sensitive applications, and are available in 2, 3 and 4 inch configurations.
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.
About Dover's Product Identification Group (PIDG)
Dover Corporation's Product Identification Group (PIDG) is a world class business group with products and services covering all of the leading marking and labeling technologies and applications. PIDG is comprised of two industry leaders --Markem-Imaje and Datamax-O'Neil. The goal of PIDG is to help its customers integrate optimal product identification solutions into their supply chain operations to increase productivity and operating efficiencies. The PIDG is unique in several ways: it provides a global understanding of key account applications throughout the supply chain; a continuously updated global expertise; and worldwide best-in-class service and support.
Wednesday, December 16, 2009
TeliaSonera and Huawei Launch World’s Fastest Commercial Mobile Broadband Network with Huawei’s 4G/LTE Solutions
TeliaSonera and Huawei Launch World’s Fastest Commercial Mobile Broadband Network with Huawei’s 4G/LTE Solutions
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, and TeliaSonera, the largest telecoms operator in Scandinavia and the Baltic countries, today jointly announced the deployment of the world’s first LTE commercial network in Oslo, Norway. These 4G services offer maximum speeds of up to 100 Mb/s and are approximately 10 times faster than existing 3G networks.
TeliaSonera’s customers will be the first in the world to enjoy simultaneous mobile broadband services such as high definition (HD) video conferencing in mobile environments and a variety of HD video programs via multiple terminal devices; applications that cannot be realized in current 3G networks.
Mr. Kenneth Karlberg, President and Head of Mobility Services TeliaSonera, said: “We are very proud to be the first operator in the world to offer our customers 4G services. Thanks to the successful cooperation with Huawei, we can offer 4G to our customers in Oslo earlier than originally planned.”
As a leading provider of end-to-end 4G/LTE solutions, Huawei delivered both network infrastructures and services to TeliaSonera, such as access network, core network, operation support system, and network planning and optimization. Its field proven fourth-generation base stations and SAE (System Architecture Evolution) solution ensure the stability of the network and enable fast deployment.
Yu Chengdong, President of Huawei Europe, said: “In partnership with TeliaSonera, Huawei began this journey eleven months ago to introduce the world’s most advanced mobile broadband technology to the residents of Oslo. This milestone, which was achieved in a short period of time, reflects Huawei’s unwavering commitment towards accelerating the commercialization of LTE/SAE solutions. Operators such as TeliaSonera, are now able to to fully realize economic benefits from the many new applications that can only be made possible with ultra broadband services.”
To date, Huawei has constructed over 25 LTE commercial and trial networks and has made more than 3,300 LTE/SAE contributions to 3GPP (3rd Generation Partnership Project).
About Huawei
Huawei is a leader in providing next generation telecommunications networks, and now serves 36 of the world’s top 50 operators, along with over one billion users worldwide. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, and TeliaSonera, the largest telecoms operator in Scandinavia and the Baltic countries, today jointly announced the deployment of the world’s first LTE commercial network in Oslo, Norway. These 4G services offer maximum speeds of up to 100 Mb/s and are approximately 10 times faster than existing 3G networks.
TeliaSonera’s customers will be the first in the world to enjoy simultaneous mobile broadband services such as high definition (HD) video conferencing in mobile environments and a variety of HD video programs via multiple terminal devices; applications that cannot be realized in current 3G networks.
Mr. Kenneth Karlberg, President and Head of Mobility Services TeliaSonera, said: “We are very proud to be the first operator in the world to offer our customers 4G services. Thanks to the successful cooperation with Huawei, we can offer 4G to our customers in Oslo earlier than originally planned.”
As a leading provider of end-to-end 4G/LTE solutions, Huawei delivered both network infrastructures and services to TeliaSonera, such as access network, core network, operation support system, and network planning and optimization. Its field proven fourth-generation base stations and SAE (System Architecture Evolution) solution ensure the stability of the network and enable fast deployment.
Yu Chengdong, President of Huawei Europe, said: “In partnership with TeliaSonera, Huawei began this journey eleven months ago to introduce the world’s most advanced mobile broadband technology to the residents of Oslo. This milestone, which was achieved in a short period of time, reflects Huawei’s unwavering commitment towards accelerating the commercialization of LTE/SAE solutions. Operators such as TeliaSonera, are now able to to fully realize economic benefits from the many new applications that can only be made possible with ultra broadband services.”
To date, Huawei has constructed over 25 LTE commercial and trial networks and has made more than 3,300 LTE/SAE contributions to 3GPP (3rd Generation Partnership Project).
About Huawei
Huawei is a leader in providing next generation telecommunications networks, and now serves 36 of the world’s top 50 operators, along with over one billion users worldwide. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.
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