Mitsubishi Electric Corporation completed the investment in Elephantech.

Mitsubishi Electric Corporation, a Japanese multinational electronics and electrical equipment manufacturing company, completed the investment in Elephantech, an electronics manufacturing company. Financial terms were not disclosed. Under the agreement, Mitsubishi Electric will begin offering factory automation (FA) solutions incorporating Elephantech’s inkjet printing technology to PCB manufacturers. In the future, Mitsubishi Electric’s manufacturing sites will use specialized technology from Elephantech for the mass production and sales of inkjet printing equipment, and the two companies will collaborate to expand the market.