The textile printing market has been changing to adopt new innovative technologies, and brands must adapt for a generation of buyers.
The injection of capital from Siris should allow EFI to execute more rapidly on key strategic initiatives.
Konica Minolta has released information on a new generation of print heads aimed at the evolving graphic arts, industrial, and functional printing markets. Konica Minolta is manufacturing these print heads using Micro Electro Mechanical Systems (MEMS) fabrication. The high precision print head is capable of jetting a range of inks and functional materials such as resins. These new capabilities will enable innovative new products in a range of industries.
On July 1st, EFI made two announcements: One was the acquisition of the Israeli Matan Digital Printer, and the second was the acquisition of Reggiani Macchine. Both acquisitions are part of EFI’s stated strategy to invest and grow its product portfolio in adjacent markets and technologies.