Tuesday, January 8, 2008
Printronix Acquisition Completes
Irvine-based Printronix said today that the firm has completed its acquisition by private equity firm Vector Capital. The deal was worth $109M, and takes the company off the Nasdaq. Printronix was acquired by Pioneer Holding Corp., which is controlled by Vector. The deal was originally announced in October. Printronix is a developer of thermal bar code and other printing systms for the industrial market.