EFI Celebrates 10-year Anniversary of Printcafe and a Decade of the ‘New EFI’
FREMONT, CA—October 21, 2013—EFI, a world leader in customer-focused digital printing innovation, is marking the 10-year anniversary of its acquisition of Printcafe, a leading provider of MIS/ERP solutions for printing operations. This acquisition represented the birth of “the new EFI,” paving the way for the company to evolve by becoming more focused on the growth areas of the industry while helping customers transform their own businesses.
At the time of the acquisition on October 21, 2003, CEO Guy Gecht stated, “Adding Printcafe technology and services to EFI’s current portfolio helps further our vision of providing a complete, end-to-end professional printing workflow.”
“By adding Printcafe, and its expertise and customer relationships, we were able to kick-start the transformation of our business,” Gecht said today. “Ten years later, EFI is a leading global provider of digital imaging across multiple industries. The ‘new EFI’ that was born with the Printcafe acquisition embodies the spirit of innovation and transformation that continues to grow stronger over time.”
The technologies and services EFI began offering with the Printcafe acquisition helped EFI offer more value to customers through leading-edge products and support, combined with a robust user community network. "We have maintained a great relationship with EFI since becoming a customer through the Printcafe acquisition in 2003, and it has been incredible to watch the significant impact that the company has made and continues to make in our ever-evolving industry," noted long-time customer David Pilcher Sr., owner and president of Freeport Press in Freeport, OH. "Our company has gone through successful transformations of our own and has experienced significant growth over the years, and EFI has been with us every step of the way. We look forward to many more years of partnership with the EFI team."
Prior to the Printcafe acquisition, EFI had annual revenues of $416 million. The company is expecting approximately $720 million in revenues for 2013, an increase of more than 70 percent over the last decade.
EFI is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, CA, 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.