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Astronova Acquires Astro Machine, A Leader In Printing Technology For Labeling And Mailing Applications

Astronova Acquires Astro Machine, A Leader In Printing Technology For Labeling And Mailing Applications

08/09/22, 11:32 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwarwick
Industry
manufacturing
AstroNova, Inc. (Nasdaq: ALOT) (“AstroNova” or the “Company”), a global leader in data visualization technologies, today announced the acquisition of Astro Machine, for an aggregate purchase price of $17.1 million in cash, from its founding family.

Company Info

Company
AstroNova
Location
600 east greenwich avenue
Warwick, Rhode Island, United States
Company info
AstroNova (Nasdaq: ALOT), a global leader in data visualization technologies since 1969, designs, manufactures, distributes, and services a broad range of products that acquire, store, analyze, and present data in multiple formats. The Product Identification segment provides a wide array of digital, end-to-end product marking and identification solutions including hardware, software, and supplies for OEMs, commercial printers, and brand owners. The Test and Measurement segment provides products designed for airborne printing solutions, avionics, and data acquisition. Our aerospace products include flight deck printing solutions, networking hardware, and specialized aerospace-grade supplies. Our data acquisition systems are used in research and development, flight testing, missile and rocket telemetry production monitoring, power, and maintenance applications. AstroNova is a member of the Russell Microcap® Index and the LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is available by visiting www.astronovainc.com.

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