In a Dec 22 2023 announcement, Toshiba Tec intends to transfer on July 01 2024 it's inkjet printhead division into a subsiduary controlled by Riso Corp to develop new inkjet products.
Notice of Transfer of Inkjet Head Business to RISO KAGAKU CORPORATION via Company Split (Simplified Absorption-Type Company Split) (toshibatec.com)
Riso has a high end line of inkjet printers and MFPs.
Toshiba Tec will receive approx $50M USD for the sale of this asset.
"RISO KAGAKU possesses advanced technology and development capabilities in the inkjet printer field. Toshiba Tec has set forth a management policy to expand the inkjet business, and by integrating with RISO KAGAKU, it will be possible to effectively invest resources. Toshiba Tec believes significant growth can be expected from the additional increase in added value."
This does not effect or alter the planned joint manufacturing venture with Ricoh.
Notice of Transfer of Inkjet Head Business to RISO KAGAKU CORPORATION via Company Split (Simplified Absorption-Type Company Split) (toshibatec.com)
Riso has a high end line of inkjet printers and MFPs.
Toshiba Tec will receive approx $50M USD for the sale of this asset.
"RISO KAGAKU possesses advanced technology and development capabilities in the inkjet printer field. Toshiba Tec has set forth a management policy to expand the inkjet business, and by integrating with RISO KAGAKU, it will be possible to effectively invest resources. Toshiba Tec believes significant growth can be expected from the additional increase in added value."
This does not effect or alter the planned joint manufacturing venture with Ricoh.
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