THE NEWS IN PRINT

The technology of building PCBs and Microchips from DeskJet/inkjet printers are fast becoming a popular trend and a technology that would revolutionize the electronics industry. Orbotech, a supplier of hi-tech inspection and imaging solutions for printed circuit boards and flat panel displays based out of Europe, has signed an agreement to purchase New System Srl, a private company that develops PCBs from inkjet printers.

Mr. Rani Cohen, CEO of Orbitech stated: ‘The integration of New System into Orbotech will capitalize on the best of both companies’ competencies. Our complementary technologies, products and operations will provide a comprehensive imaging offering enabling customers to achieve higher yields, better production efficiencies and a greater return on investment.’.

This acquisition will help Orbotech enter the digital imaging market in which the company will invest in synergistic areas that would leverage its core technologies and expertise. This acquisition will be a big boost to the number of opportunities that will be presented to the company.

via Press Release

This entry was posted on Monday, June 4th, 2007 at 3:35 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.