Pixelis director Philip Cullimore said: "As soon as the deal is completed there will be more announcements. But were under a confidentiality clause at the moment. The plan is that the new owners have a re-launch at Ipex."
The firm, which produced ProofCREATOR and ProofROOM, has closed its website and its phone lines are non-operational.
Last year Pixelis had been looking for funding to develop new products, after coming close on four occasions (PrintWeek, 6 April 2001).
However, its failure to attract sufficient investment has been linked to the fallout from the dotcom slump.
Have your say in the Printweek Poll
Related stories
Latest comments
"And here's me thinking they bought the Docklands Light Railway."
"15 x members? Why don't they throw their lot in with the Strategic Mailing Partnership (SMP) and get a louder voice?"
"Some forty plus years ago I was at a "sales" training seminar and got chatting to the trainer after the session had finished.
In that conversation he told me about another seminar he had..."
Up next...
Further breathing space
'Serious group' interested in Highcon, new deadline set
Automation welcomed
Colourbridge enhances efficiency with new Duplo multi-finisher
New business unit includes OpSec
