Gary Fry, Global Graphics’ CEO
Printing software specialist Global Graphics has bought inkjet printhead drive system specialist Meteor from fellow Cambridge based technology company TTP.
Meteor, which offers drive electronics and software for printheads from Fujifilm Dimatix, Konica Minolta, Kyocera, Ricoh, SII Printek, Toshiba TEC and Xaar for commercial and industrial printing applications will operate as a separate business unit. Global Graphics said that with the acquisition it could offer inkjet head driver electronics alongside its RIP technology where appropriate to, so would be able to offer a more integrated solution to inkjet press manufacturers. The two companies have already worked as partners on some projects.
Gary Fry, Global Graphics’ CEO said, ‘Meteor has established itself as an influential player in the inkjet market and has a deep understanding of the science and engineering underpinning digital printing. This acquisition is strategically important for Global Graphics because it means we can offer a broader solution to inkjet press manufacturers by combining our software solutions with Meteor’s industrial printhead driver solutions.
‘Meteor adds to our capability, making us a very compelling proposition in the market.’
‘Having nurtured Meteor into a mature and profitable business, we are delighted to see it become a subsidiary of Global Graphics,’ said Rob Day, TTP’s head of print technology. ‘TTP’s Print Technology Division will continue to develop novel printing systems and print technology, and looks forward to working with Meteor’s products in future systems integration projects.’
Meteor managing director Clive Ayling will continue to lead the business under its new ownership.
