EFI buys another MIS business

Earlier in the year EFI added to its already considerable MIS portfolio with the purchase of Prism, a major global MIS developer which had its roots in New Zealand.

EFI says it expects Technique to add to its bottom line in the first year, but would not disclose the purchase price.

Marc Olin, general manager of EFI’s Productivity Software business unit says, “Many customers have benefited from the key technology advantages of the Technique solution, and we intend to continue to develop and support the product for many years into the future. We will also provide Technique customers an integrated workflow with our industry leading Fiery digital front ends and Inkjet portfolio including Vutek, Jetrion and wide format devices.”

Technique’s CEO, Paul Cooper says, “The world of print is changing quickly and being part of the EFI family gives our customers instant access to wider solutions from their portfolio, together with the opportunity for more local support.”

EFI provides a comprehensive set of MIS/ERP solutions and will look to integrate portions of Technique’s leading capabilities with its Monarch, Pace and Radius Solutions.

“EFI remains committed to the business and to the long-term global market opportunity with this investment,” says Sean Whelan, EFI’s director Productivity Software European operations. “Through our existing global operations, we are able to strengthen and expand the support network for the Technique customers now and for many years into the future.”

The Technique management team and employees will join EFI as part of the Productivity Software Business Unit, ensuring the continuity of products and services delivery for Technique customers. EFI will also be highlighting Technique and its full portfolio at its annual user conference, EFI Connect, which takes place January 15-18, 2013 in Las Vegas.

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