Last December 30, Efi has completed the sale of its productivity software business eProductivity Software, which it sold to a subsidiary of Symphony Technology Group. The California-based manufacturer in Silicon Valley explained in a statement today the strategy behind this decision. Efi has separated from this activity in order to give priority to its industrial activity dedicated to inkjet Efi Inkjet and that dedicated to its Fiery front ends.
"We have never been more excited about the opportunity presented by the industrial inkjet markets and our ability to leverage Fiery - the leading Digital Front End (DFE) technology on digital color printing - to continue the transition from analog to digital in all high-value imaging segments, while increasingly serving new industries: e-commerce, direct-to-textile printing and other fast-growing segments." says Jeff Jacobson, Efi's CEO and executive chairman. "Industrial inkjet imaging is one of the biggest opportunities I've seen in my 35 years in this industry."
He adds: "We are making significant investments to continue to be the undisputed leader in the packaging and corrugated, large format, textiles and building and decorative materials markets."
The Fiery range will also benefit from major investments. "Working with our partners, the investments we are making in the future of Fiery technology will create even stronger solutions - including advanced cloud offerings through an Efi IQ product suite that will help our customers achieve new levels of automation, accuracy and profit potential in digital printing." says Toby Weiss, Fiery's chief operating officer and general manager.
