Konica Minolta increases stake in MGI Digital Technology

Konica Minolta has made an additional investment in France-based MGI Digital Technology (MGI), a manufacturer of digital-based printing equipment. With this move, the Japanese company has raised its stake in MGI to 42.3%. Konica Minolta and MGI formed their equity and business alliance in January 2014. The implication is that the additional investment by Konica Minolta will bring capital into MGI for investment in future technologies such as printed electronics and chipless RFIDs. In recent years, digital marketing has shifted into mass customization by changing content aligned to target audiences and customers. Konica Minolta believes that this trend will spread to the professional and industrial printing sectors. As demand increases for digital printing technologies and moves toward personalized printing, post-processing digitization will become increasingly important. “Particularly, it is essential to expand the lineup of digital embellishment machines that make printed materials more appealing, and it is crucial for Konica Minolta to deepen the alliance with MGI, the first company in the world to commercialize digital embellishment printing machines, steadily forming the market for digital decoration…

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