Xerox Sells Stake in Fuji Xerox Joint Venture

Ron Gilboa
 Nov 11, 2019

On November 5th, Xerox announced that it is selling its 25% stake in Fuji Xerox to Japanese partner Fujifilm for $2.3 billion, ending a 57-year joint venture. The deal gives Fujifilm 100% ownership of Fuji Xerox, over a year after it failed to acquire majority ownership of Xerox and merge it into Fuji Xerox.

Xerox is also selling a majority stake in a smaller joint venture (Xerox International Partners) to an affiliate of Fuji Xerox and the amount of time Fujifilm will be a significant Xerox supplier has been extended.

Read more »

Sign of the times – SGIA Acquires NAPCO Media

Ron Gilboa
 Aug 7, 2019

On August 6, 2019 the Specialty Graphic Imaging Association (SGIA) announced that it has acquired NAPCO Media. “Under the terms of the agreement, which has been unanimously approved by SGIA’s Board of Directors, NAPCO Media – owners of Printing Impressions, Packaging Impressions, Promo Marketing, In-Plant Impressions, Total Retail, Target Marketing, and Wide-Format Impressions – will become an LLC and will continue to operate as an independent entity. All NAPCO Media staff and business units will remain in place. SGIA offices and NAPCO Media offices will continue to reside in Fairfax, Va., and Philadelphia, Pa., respectively. “

Since the 2017 announcement of the strategic partnership between SGIA and NAPCO to create the Printing United show, both vendors and print service providers have been abuzz about what this new relationship will bring to the industry at large. As industry segments such as sign & display, commercial printing, and packaging are becoming attractive to different types of PSPs, they are all looking to add value to clients and invest in the supporting technologies. In past decades technology capital expenditures and labor costs were barriers PSPs had to overcome a transition from one segment to another. Today with advancements in internet-based communications, cloud computing, digital workflow, and the growth in digital printing equipment, many PSPs can now reach out to adjacent segments using these technologies for the benefit of their clients, meeting the demand for mass customization and timely production. Read more »

ITMA 2019: a Massive Showcase for Digital Printing

Ron Gilboa
 Jul 9, 2019

Every four years the textile production community gathers to learn about what is new in weaving, knitting, accessorizing, printing and production management. In 2019, it was Barcelona’s turn to host ITMA – a premier garment and textile tradeshow event. With over 1,717 exhibitors in 8 halls and over 105,000 visitors from 137 countries, the event was buzzing. While we surveyed the entirety of the display showcase, our focus on digital printing kept us in halls 3 and 8.

Read more »

Changing the Landscape of Décor Print Industry: Toppan’s Acquisition of Interprint

Ron Gilboa
 Jul 2, 2019

Observers of the global print industry recently got more evidence of the power Japan-based Toppan’s drive to expand its industrial print operations and marketing. On June 24, Toppan Printing Co., Ltd., announced it has acquired 100% of Interprint GmbH (Germany), a global printer of décor materials such as wallpaper and laminates. Dubbing Toppan as just a printing company does not do justice to this giant organization, which has been an innovator in print and related activities for over a century. Today, it is a leading supplier of print, equipment, and services to a wide range of segments, including décor, packaging, and other industrial applications. On June 27th, 2019 Toppan also announced a new president, Mr. Hideharu Maro. As part of the announcment, Toppan stated “Mr. Maro takes over at a time when digital transformation and changing market dynamics are creating new openings and opportunities for the printing industry. Toppan has identified packaging, décor materials, and security solutions as its main growth engines globally and is strengthening the well-established international network of its electronics business.”

Read more »

LIGNA 2019 – Surface Decoration Going Digital

Ron Gilboa
 Jun 3, 2019

From May 27th to the 31st over 90,000 visitors from 100 countries descended on the Hannover Messe in Germany to experience firsthand the products and innovations that impact our lives daily. From harvesting forest (timber) products using larger than life equipment to anthropomorphic robot arms manipulating the smallest of parts during construction, LIGNA 2019 had a varied array of displays. Innovation at every stage was present, from ideas to final packed and ready-to-ship products. In the closing press release Deutsche Messe Managing Board member Dr. Andreas Gruchow noted “A total of 1,500 exhibitors from 50 nations presented their impressive solutions for the future, making innovations tangible and easy to grasp for users from every sector of the industry, on a scale unrivaled throughout the world. By focusing on digitization, automation, robotics and revolutionary surface technology applications, LIGNA’s exhibitors played a major role in driving technological advancement. Technologies considered to be visionary at the previous LIGNA have now become reality,”

LIGNA 2019

LIGNA 2019

Read more »

EFI Strengthens Textile Ink Production with Acquisition of BDR

Ron Gilboa
 May 6, 2019

On May 2nd, Electronics for Imaging (EFI) announced it had reached a deal to acquire privately-owned Turkish company BDR Boya Kimya (BDR). BDR is a worldwide supplier of textile inks and will be incorporated into EFI Reggiani, expanding the company’s digital textile solutions. EFI has stated that BDR’s Turkish operations will remain as they are, with all BDR employees joining the EFI team and continuing product support and development.

“We are excited to have the BDR team on board and to fully support their industry-leading customers,” said EFI Reggiani Vice President and General Manager Adele Genoni. “The synergies arising with BDR and the world-class portfolio of EFI Reggiani textile printers will be a key point of emphasis for us to continue providing high-quality products and innovation. EFI Reggiani is also significantly strengthening its presence in Turkey with this acquisition, which brings us to the heart of an important and growing textile hub.”

EFI Reactive Textile Inks

Read more »

Hymmen Saturn – Innovation in Digital Décor Printing

Ron Gilboa
 May 1, 2019

On April 8th, Germany-based print technology manufacturer Hymmen announced a new partnership with Ricoh to create a new product family in addition to its long-running Jupiter printing line. Keeping with its astrological naming pattern, Hymmen named it Saturn digital printing line – aimed toward addressing the needs of decorative paper printing. This new development comes on the heels of Hymmens’ ongoing growth in print volume with the Jupiter product line. According to Hymmen’s estimates, it printed 90 Million M2 in 2018 in a range of applications – including foils, flooring, doors, decorative laminates, and digital lacquer embossing.

Hymmen Digitally Printed Décor

Hymmen Digitally Printed Décor

Read more »

HP Stitch – HP Enters the textile printing market

Ron Gilboa
 Apr 26, 2019

HP’s long-awaited entrance into the textile market was unveiled at the ISA Show in Las Vegas this week with a well-attended event where two new machines were front and center. Prior to this event, analysts and journalists got a sneak peek at HP’s European Innovation Day where the company’s future strategy and innovation were discussed.

Under the umbrella brand “HP Stitch,” the company plans to build out a range of products to ‘reinvent’ or possibly ‘disrupt’ the market going forward and doing so using their core HP thermal inkjet.  With the new ‘S’ sublimation range of devices it is clear is that HP is dipping its toe into the fast expanding digital textile fabric printing sector, in the process expanding on its leadership in graphics market, where the has long been involved with its aqueous, latex, solvent and UV inks.
The two devices that were officially launched at the show, were the S300 and S500, are 1.6m (64 inch) machines targeting the polyester-based sportswear, fast fashion, and soft signage market. Furthermore, the company will also launch a third product in the family the HP Stitch S1000, at the upcoming FESPA in Germany in May. The HP Stitch S1000 is a 3.2m (126 inch) device and will be targeting soft signage as well as the contract home décor market that uses a high proportion of polyester based fabrics.

HP Stitch Entry into the fashion world

HP Stitch Entry into the fashion world

Read more »

Kornit Discover – Turning a Vision Into Reality

Ron Gilboa
 Apr 24, 2019

In a series of customer engagement discovery events in Europe, US, and Asia, Kornit Digital celebrated customer success and shared its vision for direct to garment and digital textile printing.  Keypoint Intelligence – InfoTrends (InfoTrends) contributed to and attended the event in Asia, where over a hundred Kornit customers from across the region (including China, Japan, and other Asia Pacific countries) were in attendance. The event was held in the company’s offices in Hong Kong from April 15th till April 17th.

Read more »

Siris Capital Acquires EFI in First Deal of Technology Buyout Fund

Ron Gilboa
 Apr 15, 2019

EFI: The Acquirer is Acquired
Siris Capital Group, LLC, a New York City-based private equity firm founded in 2011, announced the acquisition of Electronics for Imaging, Inc. (EFI) earlier today. The buyout is a pivotal moment for both graphic arts and industrial segments due to both the size and role that EFI plays throughout the industry; it is also a tribute to EFI’s skill, not only at acquiring promising companies over time, but also enlisting their talents and technologies to create synergy for whole of EFI. EFI’s many parts, from the original Fiery business to the industrial print technology divisions that EFI has acquired or developed over time, have become strategic partnerships, ones spanning hardware and software in sectors as diverse as networked office printers, sign & display graphics, ceramic, textile, and corrugated printing, all aided by a vast portfolio of workflow solutions.

The details of the transaction include a $1.7 billion all-cash investment which values EFI stock at $37 per share, approximately a 45% premium over the 90-day volume-weighted average price on April 12, 2019. Although the deal is expected to close by the third quarter of 2019, EFI can accept proposals from other companies over the next 45 calendar days.

Siris’ First Deal in Technology Buyout Fund
Private equity firms continue to focus on print-related technology companies with solid cash flows and future earnings potential as the analog-to-digital transformation continues for segments in our industry. Frank Baker, a Siris Co-Founder and Managing Partner, commenting on the role that EFI plays in enabling digital transformations, said  “We believe that, by partnering with Siris, EFI will be well positioned to capture this transformational opportunity associated with increased digital inkjet penetration, industrial automation and software enablement. We are eager to partner with management to help the Company achieve its strategic objectives.”

Read more »

2016 InfoTrends, Inc.

WordPress Appliance - Powered by TurnKey Linux