SC 14D1/A

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                               AMENDMENT NO. 2 TO
                                 SCHEDULE 14D-1
                             TENDER OFFER STATEMENT
                          PURSUANT TO SECTION 14(D)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


                               DH TECHNOLOGY, INC.
                            (Name of Subject Company)


                           AX ACQUISITION CORPORATION
                                       AND
                                   AXIOHM S.A.
                                    (Bidder)


                         COMMON STOCK, WITHOUT PAR VALUE
                         (Title of Class of Securities)


                                    23290610
                      (CUSIP Number of Class of Securities)


                                MR. PATRICK DUPUY
                           BP 675-1 A 9, RUE D'ARCUEIL
                          92542 MONTROUGE CEDEX, FRANCE
                              011-33-1-47-46-78-02
   (Name, Address and Telephone Number of Person Authorized to Receive Notices
                     and Communications on Behalf of Bidder)


                                    COPY TO:
                             HELEN R. FRIEDLI, P.C.
                             McDERMOTT, WILL & EMERY
                             227 WEST MONROE STREET
                             CHICAGO, IL  60606-5096




     This Amendment No. 2 amends the Tender Offer Statement on Schedule 14D-1
relating to the offer by AX Acquisition Corporation, a California corporation
("Purchaser") and an indirect wholly owned subsidiary of Axiohm S.A., a French
corporation ("Parent"), to purchase not less than 6,500,000 (representing 81.3%
of the outstanding Common Stock of DH Technology, Inc. as of July 11, 1997) 
and not more than 7,000,000 (representing 87.6% of the outstanding Common 
Stock of DH Technology, Inc. as of July 11, 1997) shares of Common Stock, 
without par value (the "Shares"), of DH Technology, Inc., a California 
corporation (the "Target"), at a price of $25 per Share, net to the seller 
in cash, without interest, upon the terms and subject to the conditions set 
forth in Purchaser's Offer to Purchase dated July 16, 1997 (the "Offer to 
Purchase") and in the related Letter of Transmittal.

ITEM 10.  ADDITIONAL INFORMATION.

     (a)  On August 11, 1997, Parent and Target issued a press release 
announcing the termination of the waiting period under the Hart-Scott-Rodino 
Antitrust Improvements Act of 1976.  A copy of the press release is attached 
hereto as Exhibit (a)(10) and is incorporated herein by reference.

ITEM 11.  MATERIAL TO BE FILED AS EXHIBITS.

     (a)(10)   Press Release issued by Parent and Target on August 11, 1997.

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

August 11, 1997

                                   AX ACQUISITION CORPORATION


                                   By: /s/ Patrick Dupuy
                                      Patrick Dupuy, President

                                   AXIOHM S.A.


                                   By: /s/ Patrick Dupuy
                                      Patrick Dupuy, President


                                  EXHIBIT INDEX
 

EXHIBIT                        PAGE IN SEQUENTIAL
    NO.                         NUMBERING SYSTEM

(a)(10)    Press Release issued by Parent and Target on August 11, 1997

EX-99

                                                            Exhibit 99.(A)(10)

                         FOR:           DH Technology

                         APPROVED BY:   Walter S. Sobon
                                        Chief Financial Officer
                                        (619) 451-3485

                         CONTACTS:      Morgen-Walke Associates
                                        Chris Danne, Doug Sherk
                                        (415) 296-7383

For Immediate Release


FEDERAL TRADE COMMISSION TERMINATES WAITING PERIOD ON AXIOHM'S TENDER OFFER 
FOR DH TECHNOLOGY


     San Diego, CA / August 11, 1997--DH Technology, Inc. (Nasdaq:DHTK) ("DH")
and Axiohm S.A. ("Axiohm") today announced that the Antitrust Division of the
Department of Justice has closed its investigation of the tender offer by
Axiohm for shares of DH.  Following that action, the Federal Trade Commission
terminated the waiting period under the Hart-Scott-Rodino Antitrust 
Improvements Act of 1976.

     DH Technology designs, manufactures and distributes transaction printers
and mechanisms, magnetic and chip card readers, magnetic heads, impact
printheads, bar code printers and related services and supplies, such as labels
and ribbons.  The Company's products provide solutions for many diverse
applications, including freight and bar code labels, bank transactions, point-
of-sale receipts and gaming tickets.  The  Company employs a broad range of
technologies, including thermal, impact, and laser printing, as well as magnetic
and electronic (chip) card reading technologies.


[Letterhead of Morgen-Walke Associates, Inc. appears here]