Seiko Epson has entered into a capital and business alliance with Cluster Technology. Epson will subscribe to Cluster Technology’s third-party allotment and invest ¥300 million. The companies will jointly develop inkjet printhead components and next-generation materials.
Seiko Epson and Cluster Technology have entered into a capital and business alliance agreement under which Epson will subscribe to Cluster Technology’s third-party allotment and invest ¥300 million.
The companies will combine their resin composite material, molding and processing technologies with their inkjet technology and development capabilities to jointly develop high-performance components, including components for inkjet printheads, as well as next-generation materials. Epson also aims to establish a stable supply system to meet expanding demand.
Cluster Technology advances the use of resins through its precision molding and customized materials technologies, and produces high-performance components for optical equipment, printer components and other fields. Its business areas also include materials for the heavy electrical equipment industry.
Under its long-term vision ENGINEERED FUTURE 2035, Epson positions its inkjet solutions business, centered on printheads, as a growth area and plans to invest approximately ¥5 billion over 3 years.