Flint Group Exits Inkjet Market
oct 2006
NEW YORK Printer technology company Electronics for Imaging Inc., Foster City, Calif., announced Wednesday that it intends to buy digital printer and ink company Jetrion from the Flint Group. Valued at $40 million, the deal is expected to close at the end of the year.Established in 2003 and based in Ypsilanti, Mich., where it employs approximately 50 people, Jetrion makes ink for digital printers and develops on-demand and variable-data printing technology.The Flint Group, an ink maker headquartered in Ann Arbor, Mich., was created last year when Flint Ink Corp. was merged with Germany’s XSYS Print Solutions.