Xerox has announced its acquisition of French inkjet manufacturer, Impika, outputmagazine.com reports.
According to the company's global graphic communications operations president, Jeff Jacobson, the deal will allow the firm to take advantage of the projected 21 per cent 'annual compound growth rate in inkjet market revenue' and enable the brand to better serve its customers.
Impika's industry-leading production inkjet solutions are said to be flexible, scalable and robust. Jacobson adds via xerox.com that the range will complement Xerox's existing digital printing portfolio "to give customers more choices and more ways to succeed".
Xerox, which offers large format printers like the 550/560 and the 700i in addition to small format printers such as the ColorQube 9301 series, "will be able to reach any customer in the industry now". Impika focused specifically on the packaging, label, security and commercial markets.
Impika president and chief executive Paul Morgavi agreed that the move was a "logical fit" and that its customers would be able to benefit from Xerox's focus on innovation.
Mr Jacobson concluded: "With Impika as part of our broader set of solutions, we're bolstering our brand strength and better serving the market with digital products, solutions and resources to meet the needs of print providers so they can satisfy their clients and grow their businesses."