Xerox buys Inkjet Provider Impika

Xerox(NYSE:XRX) has acquired Impika. Impika offers a portfolio of aqueous (water-based) inkjet presses based on proprietary technology. Impika's product lines include iPrint and iPress. 

"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. We have established leadership in serving the graphic communication marketplace. With Impika as part of our broader set of solutions, we are 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," said Jeff Jacobson, President of Xerox’s Graphic Communications Operations.

Paul Morgavi, President & Chief Executive Officer, Impika, said, “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. Xerox is a logical fit for our growing business and for our customers, who will benefit from Xerox’s shared focus on innovation to advance digital colour printing.”

By adding Impika’s technology to its offerings, Xerox will now go to market with the industry’s broadest range of digital presses, strengthening its leadership in digital colour production printing.