Konica Minolta, Inc. and MGI Digital Graphic Technology (MGI) announced today that they have reached an agreement whereby Konica Minolta, Inc. will acquire a 10% stake in MGI, valued at Euros 13.7m, through a reserved capital increase. This investment will be dedicated to drive future growth, and is part of a common long term vision to establish a stronger presence in the professional digital printing market. Building on a strong relationship that has lasted over a decade, the two business partners have agreed to expand their collaboration by entering into a strategic alliance that leverages both co-development and the co-marketing of existing and future products. Creating new and mutually rewarding opportunities, Konica Minolta, Inc. and MGI will build upon each other's strong history, proven track record of innovation and customer service to create a strong joint effort enabling long term successes.