Dimatix Acquisition by Fuji Reflects Strong Growth Opportunity For Its Innovative Ink Jet Technology

19-Jun-2006

Dimatix, Inc., (formerly Spectra, Inc.) developer and manufacturer of industrial ink jet printheads, precision micropumps and specialized print systems, announced that it has agreed to be acquired by Fuji Photo Film Co., Ltd. The transaction is expected to close in late July.

"For over 20 years, Dimatix has been leading the way in piezoelectric drop-on-demand ink jet technology, and this acquisition represents the next phase in accelerating our growth. We are pleased to have such a significant role in Fuji's VISION75 strategy, which establishes new growth platforms in digital imaging," said Dimatix CEO John Batterton.

Under the terms of the agreement, Fuji will acquire all of Dimatix's businesses, including its Spectra Printing Division, located in Lebanon, New Hampshire, and its Materials Deposition Division and MEMS fabrication facility, located in Santa Clara, California.

"Fuji's acquisition represents a significant endorsement of our technology leadership," stated Andreas Bibl, CTO of Dimatix. "The combination of Fuji's materials science and printing know-how with Dimatix's technology will accelerate the use of ink jetting in new and exciting applications."

Dimatix's Materials Deposition Division innovates and manufactures systems for the development and jetting of functional fluids, including nanoparticle-based metallic and organic materials, on many types of surfaces. Applications range from microelectronic packaging substrates and flexible or rigid displays to DNA arrays, optical microlenses and a wide array of electronics.

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