Jul 7, 2015
On July 1st EFI made two announcements: One was the acquisition of the Israeli Matan Digital Printer, a supplier of grand format printing solutions and the second was the acquisition of Reggiani Macchine a supplier of high end textile printing equipment.
Both acquisitions are part of EFI’s stated strategy to invest and grow its product portfolio in adjacent markets and technologies. Workflow and inkjet have been at the forefront of acquisitions by EFI in the past and is likely to continue in the future as this strategy evolves. This strategy enables EFI to leapfrog some graphic arts suppliers and enter into industrial segments that are emerging as adopters of digital technology as a means to dramatically change their respective industry segments’ supply chains and transition mass production markets into mass customization digitally enabled segments. Read more »
Apr 13, 2012
This week, EFI hosted its 13th-annual Connect users’ conference. About 850 end-users, 250 EFI staff, and a small group of journalists & analysts gathered at the Wynn Resort in Las Vegas to hear the latest on EFI’s strategy and software products. The event was also attended by a number of key business partners, including Ricoh, Canon, Kodak, xpedx, and some smaller software vendors such as workflow integration and management provider Hybrid Software and imposition provider Metrix.
On Tuesday, EFI CEO Guy Gecht opened the day with a keynote on the necessity of business transformation, alluding to the concept of “the window of opportunity” and how emerging technology can radically change the way companies do business. By highlighting dramatic changes and missed windows of opportunities in the music, Internet, and mobile phone industries, Gecht contended that there is enough growth potential in the printing industry as long as companies are willing to adapt. Gecht also said that the next window of opportunity for EFI is in inkjet printing (including wide format, labels, and industrial applications) and achieving business transformation through the use of software and integration.
At the event, EFI made a number of new announcements as a precursor to what we expect to see at drupa this year: Read more »
Feb 29, 2012
One interesting aspect of a company’s market impact is how much it is willing to spend on trade shows. Booth size, while not an exact measure of spending, does provide insight into a company’s level of investment. InfoTrends has explored this topic on a number of different occasions, most recently in a blog on Graph Expo 2011 called “Tracking the Digital Market through Graph Expo Booth Space.” With drupa 2012 right around the corner I decided to conduct a similar exercise. Here’s how we came up with the rankings. We based these on the show floor map that is displayed on the drupa 2012 web site and confirmed them where possible by public statements or private confirmations with the vendors. Keep in mind that this is an InfoTrends calculation, not official numbers from the drupa 2012 organizers.
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Jan 9, 2012
Last week’s Wall Street Journal article contends that Kodak is teetering on the brink of bankruptcy. Kodak would not comment on what it considers rumors,Â and that’s fairÂ given that the Journal’s story was based on unnamed sources, but last fall under similar circumstances Kodak put out a press release denying any intention to declare bankruptcy. This time around the rumors are looking like a distinct possibility.
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May 3, 2011
During EFI’s 12th Annual Connect conference, held last week in Las Vegas, NV, I brought back three major takeaways:
- EFI is poised for additional MIS acquisitions, specifically seeking three to four opportunities this year.
- While Vegas is certainly an attraction, it did not deter from the value of time with product experts. Even during breaks, lines could be seen by attendees waiting to ask questions and experience the solutions.
- User conferences such as Connect provide product users and prospectsÂ a unique opportunity to network with peers and hear the pros and cons of the various solutions directly from other customers. Read more »
May 3, 2010
Electronics For Imaging (EFI), the parent company of industrial inkjet systems suppliers Jetrion and VUTEk, announced on April 29 that it has reached an agreement to buy Radius Solutions, a top maker of MIS/ERP software for package printing. The purchase is subject to conditions but EFI managers said in a conference call that they expect the deal to close in the second or third quarter and to be slightly accretive to full year 2010 results. The deal is to be a cash transaction, for an undisclosed amount.
The news indicates a growing commitment by EFI (Foster City, CA) to the packaging industry, which it targets already with its Jetrion inkjet printers. Assuming the Radius deal goes forward, the EFI companies collectively will offer products in two areas of importance to packaging converters–digital presses and software to manage print. Meanwhile, in buying Radius, EFI will be buying access to that company’s base of customers, which include some of the biggest converters of packaging and labels, such as Alcan, Malnove, Multicolor Corporation, and Sonoco.
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