Printronix Sells Off Thermal Printer Business Line

Irvine-based industrial printing hardware manufacturer Printronix has agreed to sell of its Thermal/AIDC business line to TSC Auto ID Technology Co., Ltd., the company said Monday. Financial details of the deal were not disclosed. According to Printronix, TSC will acquire all intellectual and branding rights to Printronix' Industrial Thermal stationary and mobile printers, barcode verification, RFID, and PrintCart product lines, in a company that will be called Printronix Auto-ID Inc. Printronix said its retained businesses will focus on its core impact technology.