Datamax-O’Neil has acquired the thermal printer assets of Source Technologies, a leading provider in specialized printing solutions based in Charlotte, North Carolina. Established in 1986, Source Technologies has specialized in secure MICR printing solutions, and will remain a strong entity in this market under new ownership. Terms of the agreement were not disclosed.

“The addition of these new products into our already strong stationary printer portfolio positions us and our channel partners around the world to be more competitive and achieve greater market share,” said Paul Sindoni, president of Datamax-O’Neil. “This acquisition represents another step in our strategy to position ourselves as a global market and technology leader and clearly reflects our continued commitment to grow our strength within the industry and our partner community.”

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