AstroNova completed the acquisition of Astro Machine for $17m.

AstroNova, a data visualization technologies provider, completed the acquisition of Astro Machine, a designer and manufacturer of professional color and monochrome inkjet printers, for $17m. “Astro Machine meets all the criteria of our acquisition strategy and adds an exciting adjacency to our Product Identification portfolio that we expect will further enhance our market leadership position. Astro Machine’s products and technologies are a great fit. We believe that this transaction brings synergistic product design and material handling expertise, expands our US-based manufacturing capabilities, and adds complementary channels to market that will enhance our ability to scale the combined business and capitalize on cross-selling opportunities. George Selak, Astro Machine’s President, will continue to lead the business, and we are delighted to welcome him and the entire experienced Astro Machine team into the AstroNova family," Greg Woods, AstroNova President and CEO.