Xaar and Xerox ink agreement
Xaar, a British industrial inkjet technology supplier, has signed an agreement with Xerox corporation to partner in bulk piezoelectric (piezo) inkjet printheads.
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The partnership capitalises on each company’s considerable expertise in bulk piezo printhead development, which will in turn deliver “substantial benefits” to the market through leveraging both companies’ market-leading technology to bring consumers a broader range of bulk piezo printheads.
"Continued investment in technology and product development, together with strategic partnerships, are key elements of our 2020 vision," said Doug Edwards, Xaar’s chief executive.
Xaar’s share price rose 1.71% to 427.94p at 1007 GMT on Wednesday.