26 February 2013
Xerox buys production inkjet provider Impika
NORWALK, CONN.—Xerox has acquired industrial inkjet provider Impika, bolstering its range of digital presses and strengthening its position in the digital colour production market.

"A hallmark of Xerox's long-term success is our focus on innovation, and Impika has demonstrated an innovative approach to advanced production inkjet printing that complements Xerox's technology," said Jeff Jacobson, president of Xerox's Graphic Communications Operations, in a release. Impika's 55 employees are now under Jacobson's management. Transaction terms were not disclosed.

Impika, in Aubagne, France, produces water-based inkjet presses based on proprietary tech. Its products include the iPrint line of continuous-feed production printers and the iPress line of digital presses. Xerox was already among the company's network of partners, reselling the Impika brand in Europe since 2011.

"To continue our growth, we need to be part of a leadership organization that has broad global distribution and service, a strong brand, and the same customer-centric culture that we champion," said Impika president and chief executive officer Paul Morgavi, in the release.

Morgavi founded Impika in 2003 with 10 other engineers specializing in inkjet. Together they combined competencies in electronics, software, mechanics, fluids, pneumatics and chemistry.

Xerox serves clients in over 160 countries and employs approximately 140,000 people. It provides document technology, services, software and supplies for graphic communications and office printing, and more.
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