EFI Buys Streamline Development, PrintStream Software
EFI PrintStream will continue to be supported, but no longer offered to new customers. However, EFI will be offering special incentives and assistance to encourage existing PrintStream clients to transition to one of its four platforms. “By concentrating our investment and efforts on Monarch, Radius, Pace and PrintSmith, we can ensure that the largest development and support teams in the industry are delivering the best possible solutions to give our clients the best chance to succeed in today’s challenging business environment,” Olin added. Although he would not disclose the installed base of Streamline customers, Olin said that the number of PrintStream users is “in the low hundreds.”
Laurence Snyder, CEO of Streamline Development, and the majority of his staff will join EFI, and will assist in the development of EFI’s core platforms going forward. Olin noted that Streamline will maintain its office in San Rafael, CA, but a move to a smaller space in San Rafael will be evaluated. He expects the total integration process to take three to six months, beginning with EFI's Monarch MIS offering.
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- EFI