History
Tally AG was founded in 1948 by Philip Renshaw, focusing on design, development, manufacturing, distribution and servicing of printers for high-volume industrial and business applications. Tally was a key innovator in line matrix and industrial inkjet technologies and had become a player in the color laser market. Headquartered in Ulm, Germany, Tally's American operations had been based in Kent, Wash.
Prior to the merger of Tally and Genicom on August 7, 2003, GENICOM LP, was one of leading manufacturers of printers. The company designed and marketed a wide range of high-performance laser, serial and line matrix printers that it offered with a complementary line of consumables, parts and services.
TallyGenicom was formed in August 2003 with the merger of Tally and GENICOM. At this time, Arsenal Capital Partners was the majority owner. TallyGenicom’s U.S.-based assets were acquired by Printronix in 2009. All intellectual property and worldwide distribution rights for the TallyGenicom serial matrix, inkjet and thermal technologies were retained by TallyGenicom AG and acquired by DASCOM in June 2009.
Read more about this topic: TallyGenicom
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