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EFI Acquires Alphagraph
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| Date 6 December 2011 |
FOSTER CITY, Calif., Dec. 6, 2011 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced that it has acquired privately-held alphagraph team GmbH ("Alphagraph "). Alphagraph, with headquarters in Essen, Germany, is a provider of MIS/ERP (management information systems and enterprise resource planning) 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.
"We are very pleased to have Alphagraph join the EFI family and our expanding portfolio of business automation technologies. We welcome their over 6,000 customer strong install base in Germany, Switzerland, Austria and throughout the rest of the world to our large global client base," said Marc Olin, GM of EFI's Software Applications ("APPS") business unit.
"Alphagraph is very enthusiastic about the opportunity to join EFI, as they have demonstrated that they are the clear leader in business process automation software for printing companies," said Norbert Hotze, Founder of Alphagraph. "It is a natural fit for our client base and we look forward to introducing them to EFI's overall support structure and portfolio of solutions."
Alphagraph will become part of EFI's Software Applications (APPS) portfolio. EFI intends to integrate support and operations of Alphagraph into the existing APPS organization, which will continue to sell the EFI PrintSmith, EFI Pace, EFI Monarch and EFI Radius software products to the industry while continuing to support the existing Alphagraph client base. |
| The source of the article or news :
www.efi.com |
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