Scitex Vision and Aprion Digital merge inkjet operations

Inkjet specialists Scitex Vision and Aprion Digital have announced an agreement to merge their operations.

Scitex Vision is a wholly-owned subsidiary of Scitex Corporation with headquarters in Herzlia, Israel, and is a leading manufacturer of wide and super-wide format digital printing systems and consumables. Scitex previously held 43 per cent of Aprion, which is based in Netanya, Israel. The company specialises in Drop-On-Demand inkjet technology and has demonstrated its first commercial application in the corrugated packaging and wide format printing markets.

The merger, subject to the conclusion of due diligence and regulatory approvals, should be completed by year-end.

Dr. Michael (Miki) Nagler, President and CEO of Aprion commented on the merger: 'Joining forces with Scitex Vision will substantially expedite the rate of penetration of our products to the market. Our merged company, which will operate under a new name, will continue the current product lines and market initiatives of both companies.'

Dov Ofer, President and CEO of Scitex Vision, will head the merged company as its President and CEO. Ken Levy and Dr. Miki Nagler will serve on the Board of Directors of the merged company as Chairman and Vice-Chairman, respectively.