Since Its Acquisition of VUTEk, EFI Marks 10 Years of Commitment to Industrial Inkjet Providers
FREMONT, Calif.—June 4, 2015—EFI is marking the 10-year anniversary of its acquisition of VUTEk, a pioneering developer of superwide-format industrial inkjet technologies. The landmark deal, completed on June 3, 2005, moved EFI from focusing only on digital production and print MIS workflows into the industrial inkjet space—an industry segment that continues to be one of the best-performing parts of the global graphic arts and printing market.
When EFI first announced its plans to acquire VUTEk, EFI CEO Guy Gecht praised the Meredith, New Hampshire-based company as "the best acquisition to enter the market,” adding that “its UV applications bring interesting advantages to our customers."
Commenting on the acquisition, Gecht said, "Ten years later, the significant success we have seen with our VUTEk, Jetrion and Cretaprint products definitely validates our decision to enter the industrial inkjet market."
Scott Schinlever, who joined EFI as part of the VUTEk acquisition and is now SVP/GM of EFI Inkjet Solutions, also added, "I’m tremendously proud, looking at our accomplishments over the past decade, of the innovation that EFI has brought to industrial inkjet and the success of our customers across the world. Ten years later, when I look at the team, road map and market expectations, I can only conclude that the best is yet to come."
Today, EFI’s robust inkjet portfolio has expanded beyond VUTEk superwide-format printers to include Jetrion label and packaging printers, wide-format printers, inks and Cretaprint ceramic tile printers.
You can watch the evolution of EFI inkjet innovations in a new video on EFI’s YouTube channel.
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. 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.