EFI Acquires Technique to Strengthen Its Global Print MIS Leadership
FOSTER CITY, CA—Nov. 19, 2012—EFI has acquired Technique, a provider of MIS/ERP (management information systems and enterprise resource planning) software products for the publication, commercial and direct marketing printing industry segments. While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI’s 2012 results.
The Technique management team and employees will join EFI as part of its Productivity Software Business Unit, ensuring the continuity of products and services delivery for Technique customers, and bringing significant domain expertise to EFI.
“We are excited to have Technique join the EFI family and our expanding portfolio of business automation technologies,” said Marc Olin, general manager of EFI’s Productivity Software business unit. “Many customers have benefited from the key technology advantages of the Technique solution, and we intend to continue to develop and support the product for many years into the future. We will also provide Technique customers an integrated workflow with our industry leading Fiery digital front-ends and Inkjet printer 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 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.”
EFI will look to integrate portions of Technique’s capabilities into its Monarch, Pace and Radius Solutions, allowing customers to achieve superior performance and profitability.
“EFI remains committed to the business and to the long-term global market opportunity with this investment,” said Sean Whelan, EFI’s director Productivity Software European operations. “Through our existing global operations, we are able to strengthen and expand the support network for the Technique customers now and for many years into the future.”
Technique consists of privately held Technique Business Systems, a UK company located in Leeds, UK, and Technique Inc., a Delaware corporation.
About EFI
EFI is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company'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.
Source: EFI.
