EFI™ – EFII – Acquires Technique
Nasdaq:EFII), a world leader in customer-focused digital printing innovation, announced that it has acquired Technique. Technique is a provider of MIS/ERP (management information systems and enterprise resource planning) software products for the publication, commercial and direct marketing print industries. While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI’s 2012 results.
“We are excited to have Technique join the EFI family and our expanding portfolio of business automation technologies. We welcome their strong customer install base in more than 20 countries and 4 continents, to our own large global client base,” said Marc Olin, general manager of EFI’s Productivity Software business unit. “We will also provide Technique customers an integrated workflow with our industry leading Fiery® digital front end and Inkjet portfolio including VUTEk®, Jetrion® and wide format devices.”
“Technique is thrilled about the opportunity to join EFI, which is becoming the clear leader and even larger provider in productivity software for printing companies worldwide,” said Technique’s CEO, Paul Cooper. “The world of print is changing quickly and being part of the EFI family gives our customers instant access to wider solutions from their portfolio, together with the opportunity for more local support.”
Technique products will become part of EFI’s Productivity Software portfolio. EFI intends to integrate support and operations of Technique into the existing Productivity Software organization and to continue to support the existing Technique client base.
Technique consists of privately held Technique Business Systems Limited, a UK company located in Leeds, UK, and Technique, Inc., a Delaware corporation.
About EFI – EFII
EFI™ (EFII) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. EFII is based in Silicon Valley. With offices around the globe, EFII’s powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.
More Posts by this author
- Scholastic Shares Tumble after Company Lowers Fiscal 2013 Earnings Outlook (SCHL)
- Gold Prices Edge Higher, Supported By Firmer Euro and Central Banks’ Buying
- Market Update After Hours November 21
- Stocks End Higher
- Gold Prices Settle Higher; Silver Prices Rise Sharply
- Stocks Holding on to Gains in Late Trading
- U.S. Stocks Steady in Mid-Day Trading
 |
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.
|
