Kornit Digital

Rank#7095

Market Cap689.61M

CountryIsrael

Summary

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's solutions include digital printing systems, ink and other consumables, associated software, and value-added services. Its products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and maintenance and support, consulting, and professional services. The company serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh HaAyin, Israel.

History

The company was founded in 2002 by a team that previously worked in the digital printing field, at companies such as Scitex and Hewlett-Packard. The company uses the same technology used in digital printing and has applied it to digital textile printing, which has developed more slowly than the field of digital printing.In 2015 Kornit Digital went public.In October 2018 Kornit moved its North American operations to a showroom in Englewood, New Jersey.In August 2020, Kornit Digital announced the acquisition of UK-based global software firm Custom Gateway.In August 2021, Kornit Digital announced the acquisition of a Massachusetts based multi-material footwear manufacturer Voxel8.In 2022, Kornit Digital announced the acquisition of Lichtenau, Germany-based Tesoma manufacturer of textile curing solutions.

Mission

Kornit’s mission is to revolutionize the world of digital textile printing with our innovative technology and solutions. Our customer-centric approach helps textile professionals maximize the potential of their digital printing business by delivering best-in-class solutions that reduce costs, optimize quality and enhance production throughput.

Vision

It is Kornit's vision to bring the world of digital textile printing to the next level by utilizing cutting-edge technology and engineering prowess. By leveraging the power of data, analytics and AI, we will provide our customers with the best possible printing experience.

References

https://en.wikipedia.org/wiki/Kornit_Digital

https://in.investing.com/equities/kornit-digital-ltd

https://finance.yahoo.com/quote/KRNT/profile?p=KRNT

https://www.crunchbase.com/organization/kornit-digital

https://sec.report/CIK/0001625791

https://companiesmarketcap.com/

https://www.kornit.com

Leadership team

Mr. Ronen Samuel (CEO & Director)

Mr. Ilan Givon (Exec. VP of Operations)

Mr. Amir Shaked-Mandel (Exec. VP of Corp. Devel.)