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Kornit Digital To Acquire Tesoma, Enhancing Range Of End-To-End Solutions For On-Demand Fashion And Textile Production

PUBLIC · KRNTJan 25, 2022

Acquiring Company

Kornit Digital Ltd

Acquired Company

Tesoma

Center DistrictGermanySoftwareContent And PublishingE CommerceFashionPrinting

Description

Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, announced today that it has entered into a definitive agreement to acquire Lichtenau, Germany-based Tesoma.

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Company Information

Company

Kornit Digital Ltd

Location

Center District, Israel

About

Kornit Digital is a global pioneer in sustainable, on-demand, digital fashion and textile production. The company focuses on innovative technologies to facilitate the digital transformation of the fashion industry. Kornit’s solutions enable brands and manufacturers to create high-quality products efficiently and sustainably.

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Frequently asked

Who acquired Tesoma?

Tesoma was acquired by Kornit Digital Ltd, based in Center District. The deal was reported on January 25, 2022. Kornit Digital is a global pioneer in sustainable, on-demand, digital fashion and textile production. The company focuses on innovative technologies to facilitate the digital transformation of the fashion industry. Kornit Digital Ltd is publicly traded (KRNT) and operates in Software.

When did Kornit Digital Ltd acquire Tesoma?

Kornit Digital Ltd's acquisition of Tesoma was reported on January 25, 2022. Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, announced today that it has entered into a definitive agreement to acquire Lichtenau, Germany-based Tesoma. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tesoma do?

Tesoma is the company acquired in this transaction. It is privately held, and is based in Germany.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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