VAL-DE-REUIL, FRANCE – Altix, a French specialist in photolithography and direct imaging equipment, has announced its successful merger with MGI Digital Technology.

The company is joining with MGI, a provider of digital printing and finishing technologies, with the ambition to build a more dynamic and promising shared future, Altix said in a release. The two companies have closely collaborated since 2021, particularly through the co- development of the AltiJet inkjet production press for PCBs, and that fruitful collaboration and a shared vision for innovation led to the strategic alliance, the company said.

"By combining our expertise in R&D, we can accelerate the development of new technologies while improving our existing products," said Altix president Jérôme van Straaten. "Additionally, we are optimizing our supply chains for more efficient resource management without compromising the quality of products and services our customers expect. Finally, pooling our production capabilities will allow us to increase flexibility and responsiveness to market demands."

With a majority stake and a capital increase of one million euros in cash, MGI has become the majority shareholder of Altix, holding a 71.94% share.

"MGI and Altix have known each other for many years as French companies operating in industrial high-tech and strongly focused on exports," said MGI CEO Edmond Abergel. "Our analysis of development opportunities revealed that traditional PCB manufacturing processes are on the brink of a transition to additive methods. Altix's strong position in this market, combined with our expertise in industrial digital printing solutions, naturally led to this integration. This merger allows the MGI Group to expand its scope of activity in a sector with high growth potential."

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