Xerox chairman and chief executive Ursula Burns has said that the group may make further acquisitions to boost its production inkjet business. Ms Burns made the announcement as she opened the new Inkjet Innovation Centre.
Xerox acquired Impika in February 2013, and has now made a further multi-million dollar investment in expanding the company’s facility in the south of France.
Ms Burns noted that the $21.4bn turnover technology and services giant intended to capitalise on the double-digit growth in production inkjet printing to build a business that rivals its xerography operation.
High-end production printing kit accounted for 21 per cent of all the company’s document technology division during the last year.
Ms Burns said:
“We need to build the same depth of portfolio in inkjet as we have in xerography,”
"We could have thrown a lot of money at building it up from scratch, but we didn’t have to. Impika was a great fit and we’ll do that [acquire] every single time if we have the chance. It jump started us in the marketplace.
“As we continue to grow, change and diversify our business you should not be surprised about us acquiring capabilities.”
Jeff Jacobson, the chief operating officer of Xerox Technology, said that the group was intent on achieving market leadership in production print across both toner and inkjet systems.
“We want to become number one overall in the commercial graphics space,” he said.
Impika currently makes use of Panasonic and Kyocera print heads, but there were hints that they may begin to develop their own print head manufacturer. The opening of the new facility was combined with a two-day inkjet summit attended by people across Europe.
Impika’s own product line-up includes a number of different drop-on-demand inkjet systems that can be configured as hybrid and overprinting systems, or complete presses, and to work with various types of ink. Xerox now has more than 200 people working in its inkjet business worldwide.