EFI strengthens MIS reach with Technique acquisition

EFI will look to integrate aspects of Technique’s products – which include management information system (MIS) iTechnique, ERP and customer relation management systems – with its MIS/ERP portfolio, including Monarch, Pace and Radius Solutions.

EFI Productivity Software Business unit general manager Marc Olin said: “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 the Technique customers with an integrated workflow with our Fiery digital front ends and Inkjet portfolio.”

[Related: EFI predicts boom in digital launches]

The Technique team, which has offices in Leeds and Chicago, will join EFI’s staff to ensure the continuity of products and service delivery. They will integrate with EFI’s Productivity Software Business Unit, bringing significant domain expertise to EFI.

The cost of the sale was not disclosed but EFI does not expect it to greatly impact its 2012 financial results.

Technique chief executive Paul Cooper said: “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.”

The acquisition follows a number of takeovers by EFI in 2012, most recently Online Print Solutions to increase its web-to-print market share. In January it took on ceramic printing system maker Cretaprint and boosted its ERP offering by buying Latin American company Metrics in April.

[Related: More mergers & acquisitions news]

This article originally appeared at printweek.com

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