Vibrantz Technologies is to sell its Israel-based digital printer subsidiary DipTech to Kerajet.
The digital ink business is not part of the sale. The deal is expected to close within the next 60 days.
“This sale allows Vibrantz to redouble our focus on the production and development of digital inks for Kerajet and other digital printer manufacturers,” said D. Michael Wilson, Vibrantz president and chief executive officer.
“It also helps ensure our unmatched glass expertise and capabilities continue to grow in support of the digital printing market.”
Vibrantz will provide further information to DipTech customers upon the closing of the transaction. Until then, customers should continue transacting with DipTech as usual.