Hamden specialty-printer maker TransAct Technologies Inc. is teaming up to incorporate a Massachusetts firm's ink-free printing technology into TranAct's line of oilfield printers.
Financial terms of the expanded pact with Zink Imaging, of Bedford, Mass., weren't disclosed.
Zink currently markets its own line of full-color Zero Ink printers that uses heat to transfer an image onto chemically treated paper. The company's R&D is done in Bedford, while production occurs at its Whitsett, N.C., plant.
TransAct is pushing aggressively into broadening its line of rugged printers into the oilpatch. It also makes coupon dispensers mounted aboard slot machines and retail cash registers.
TransAct CEO Bart Shuldman said the ongoing Zink relationship was a key reason it paid $4 million last August for tiny San Diego oilfield-printer maker, Printrex, to enter the market. Oil and gas explorers use the printers to track data such as temperature, depth and flow of the drill hole.
TransAct says it expects to generate long-term revenue selling printers containing Zink's technology as well as the printing paper.