EFI’s acquisition streak continues as the company announced it has acquired the privately-held Prism Group, based in Australia. Prism is a provider of MIS/ERP software for the printing and packaging industry. The terms of the purchase were not disclosed.
“We are
extremely happy to bring Prism into our expanding portfolio of
customer-centric technologies. They have built a very impressive list of
clients in Australia, New Zealand, Europe, South Africa and North
America, and we welcome those clients to our large global client base,”
said Marc Olin, GM of EFI’s Software Applications business
unit. “In addition, we’re very excited to have Prism’s employees join
EFI and help us expand our rapidly growing global presence with their
years of expertise in software for the printing and packaging
industries.”
“We intend to continue to meet the needs of Prism’s
existing client base with the same enthusiasm that Prism has for the
many years they’ve been in business while offering them access to the
full portfolio of EFI products,” continued Olin.
“We are very
excited to be joining EFI, the clear leader in the business process
automation software space for printing and packaging companies,” said
Filip Buyse, President and CEO of Prism. “It is a natural fit for our
client base and we look forward to introducing them to EFI’s portfolio
of solutions.”
Prism software will become part of EFI’s Software
Applications (APPS) portfolio. EFI says it intends to integrate support and
operations of Prism into the existing APPS organization, which will
provide the EFI PrintSmith, EFI Pace, EFI Monarch and EFI Radius
software products while continuing to support the existing Prism client
base.
Prism is headquartered in Brisbane, Australia, with
operations in New Zealand, the United Kingdom and the United States.
Prism’s customers range from general commercial, web printing, mailing
and publication printers, to label printers, packaging companies and
converters.
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