June 13, 2006 – Dimatix Inc., a Santa Clara, Calif., 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 in a prepared statement.
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, Calif.
Dimatix’s Spectra printing division develops and manufactures high-performance, piezoelectric printheads, assemblies, components and systems used in a variety of industrial and commercial printing and imaging applications, including wide format graphics, coding and marking, graphic arts, textile, mailing, and product and food decoration. The materials deposition division designs 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.