MIGDAL HA’EMEK, ISRAEL – Camtek Ltd. has acquired the assets of
Printar Ltd. for $2,500,000.
In the agreement, Camtek will make an initial payment of $500,00, with an additional $2,000,000, subject to certain agreed conditions, paid no later than May 2011. Camtek will receive all assets, knowledge, technology and IP rights related to the business.
“We expect that the acquisition of Printar's assets will enable Camtek to offer its customers in the PCB industry with a broader range of products, while relying on existing operational, R&D and sales and marketing infrastructure,” said Rafi Amit, Camtek's CEO