Lexmark Funai Acquisition
It was announced Monday, April 1 that Funai Electric Company, Ltd. has acquired Lexmark International, Inc.’s inkjet-related technology and assets. Lexmark’s press release states: “The acquisition of the inkjet-related technology and assets will enable Funai to launch new inkjet hardware and supplies under Funai’s own brands. Funai has established a strategy to develop and grow its inkjet printer business by introducing Funai’s own inkjet printers and supplies into the market. With the inkjet patents, state-of-the-art manufacturing facilities and comprehensive R&D capabilities, Funai will be able to accelerate the expansion of its inkjet business.”
As a Lexmark technology partner since 2009, Collins is excited about the news and what that means for the future. The Collins-Lexmark business has seen significant growth over the past few years and Collins Inks will continue to formulate innovative inks that expand the capabilities the Lexmark technology. For Collins Ink customers, it is business as usual; there will not be a disruption of supplies.