Download Honeywell Datamax DPO-78-2337-01 Hard Reset File

Improved installation utility
PrnInst better supports multi user environments. Driver upgrade procedure was improved for installations with large number of printers.

Smaller file footprint
Driver file size was reduced for up to 60%.

Improved performance
Driver initialisation time was decreased for up to 30%.

Label created with Datamax V5 driver is printing the same also with V8 driver version.

Honeywell sees a $1.5 billion market opportunity in barcode printing, globally. The company sees Datamax as offering "highly complementary printing technologies" to its own, and helping to build "scale" and offer "significant synergy opportunities" to its existing business. The likelihood that Datamax is already more profitable than Honeywell as a whole (where operating margins hover around 14.7% companywide) must also be seen as a plus.

The advantages of this deal for Dover Corp. are less obvious -- but still there. 1.37 times sales is a slight premium to the 1.34 times sales valuation Dover shares currently command. Dover will earn this premium at the same time it exits a business that it says is not "core to our long-term vision." To top it all off, Dover will get $185 million in cold, hard cash, with which it can pay down a bit of its $2.7 billion debt load.

Since the deal was announced, shares of Honeywell have risen 4.6%. Shares of Dover Corp. are up an even stronger 4.9%. Could it be that this transaction was one of those rare events in which both seller and buyer got a good deal? Let's find out.

What Honeywell wants with it
In a press release describing the acquisition, Honeywell noted that it plans to add Datamax to its existing scanning and mobility business, part of the automation and control solutions division that is now Honeywell's biggest business ($16.6 billion in revenues last year, earning 14.7% operating profit margins).

Smaller file footprint
Driver file size was reduced for up to 60%.

Improved performance
Driver initialisation time was decreased for up to 30%.

Improved installation utility
PrnInst better supports multi user environments. Driver upgrade procedure was improved for installations with large number of printers.