HP, EFI Purchase German-based MIS Providers
PALO ALTO, CA—HP has acquired Hiflex Software, a privately held software solutions provider specializing in management information system (MIS) and Web-to-print solutions for printing services. Financial terms of the transaction were not disclosed.
Founded in 1991, Hiflex is headquartered in Aachen, Germany. Following the acquisition, Hiflex will continue to evolve its offerings and service its current customers.
In another deal involving an MIS provider, Foster City, CA-based Electronics for Imaging (EFI) has acquired privately held Alphagraph Team, based in Essen, Germany. Alphagraph provides MIS/ERP software products for the printing industry, including Prinance, Printy and Primus. While financial terms of the acquisition were not disclosed, the acquisition is not expected to be material to EFI’s 2011 results.