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Dover Corporation (DOV - Free Report) has acquired France-based software company Caldera Graphics SAS for EUR 35 million (approximately $37.23 million). This will aid Dover extend its already strong position in digital textile printing.
Caldera is a software company with more than two decades of experience in developing, marketing and supporting high-quality technical software for the digital printing industry. Caldera`s unique capabilities and solutions around image processing, color management and workflow serve the global textile and graphics markets. The company will now operate within Dover`s Printing and Identification platform, alongside MS Printing Solutions (MS) and the JK Group serving the global digital textile printing market. Caldera generated annual revenue of approximately EUR 11 million in 2016.
Dover Corporation Price
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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