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EFI and Kornit Join Forces to Bring Digital Inkjet Technology to the Textile Industry.

Publication: Business Wire
Publication Date: 19-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
EFI Makes Strategic Investment in Kornit Digital

FOSTER CITY, Calif. -- EFI (Nasdaq:EFII), the world leader in color digital print servers, superwide format printers and inks, and print management solutions, and Kornit Digital, Ltd. today announced a joint partnership to address the growing demands of the printed textile industry as it migrates from analog to digital technologies. As part of the agreement, EFI has made a strategic investment of $3.5 million in Kornit, which develops and sells high-end industrial digital inkjet printers and inks for the textile industry, primarily for the finished garment and apparel printing markets.

"EFI is impressed with Kornit's...

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