The Channel logo


By | Drew Cullen 12th August 2005 10:28

HP buys Scitex super-wide printer ops for $230m

It’s a Vision Thing

HP is moving into super-wide format printers by buying the business of Scitex Vision for $230m cash. The acquisition gives HP a leg-up in the world of billboards, banners street advertising and sundry visual pollution of public spaces, where Scitex Vision is the market leader.

Scitex Vision is owned by the Israeli printer giant, Scitex. It turned over $142m for the year to June end, 2005.

HP says Scitex Vision’s proprietary technology for print heads will give it competitive advantage. And there are synergies – usually a synonym for job cuts – to be had in the supply chain and sales channels. Digital printing for super-wide formats is growing fast – it should double its 17 per cent share of the market within five years, according to HP.

The deal should close within 90 days. ®

alert Send corrections


Frank Jennings

What do you do? Use manual typwriters or live in a Scottish croft? Our man advises
A rusty petrol pump at an abandoned gas station. Pic by Silvia B. Jakiello via shutterstock

Trevor Pott

Among other things, Active Directory needs an overhaul
Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella


League of gentlemen poster - Tubbs and Edward at the local shop. Copyright BBC
One reselling man tells his tale of woe