HP broadens presence in wide-format printing by acquiring MacDermid ColorSpan Inc
HP recently announced that it has signed
a definitive agreement to acquire MacDermid
ColorSpan Inc, a manufacturer of wide-format
digital inkjet printers, from MacDermid
Printing Solutions LLC, a
subsidiary of privately held
MacDermid Incorporated.
Based in Minnetonka, Minn,
MacDermid ColorSpan is a
leading supplier of UVcurable
inkjet printers for
display graphics and a key
supplier to sign shop
franchises, quick printers and other small to
midsize sign-making and screen-printing
businesses.
The acquisition extends HP’s presence into
the sign shop and quick-printing markets as
well as its position as a one-stop partner for
print service providers. In particular, HP plans
to provide lower-cost platforms and UV
technologies to print service providers that are
expanding into outdoor applications and more
industrial workloads.
The deal also broadens HP’s Graphic Arts
portfolio of digital presses and wide-format
printers and furthers HP’s Print 2.0 strategy
to digitize analog prints by extending the
company’s overall digital content creation and
publishing platform. “This acquisition broadens
HP’s presence in the production space where
the digitization of analog prints will happen,”
said Vyomesh Joshi, executive vice president,
Imaging and Printing Group, HP.
MacDermid ColorSpan president Robert J
Wenzel, who will lead the new product line at
HP, said, “The combination of HP and
MacDermid ColorSpan will provide our
customers and channel partners an expanded
mix of quality, value and choice that is
unmatched in the digital graphics printing
industry. Plus, MacDermid ColorSpan
customers will continue to enjoy the same high
levels of attention they are used to.”
Upon completion of the acquisition,
MacDermid ColorSpan will be integrated into
the Graphic Arts organization within the
Imaging and Printing Group of HP.
