EFI of Foster City, California, acquired Technique, which develops management information systems (MIS) and enterprise resource planning (ERP) software products for the printing and packaging industries. Financial terms of the acquisition were not disclosed.
Technique consists of privately held Technique Business Systems Limited located in Leeds, United Kingdom, and Technique Inc. based in the state of Delaware. Techique’s technology joins an extensive set of MIS/ERP software owned by EFI, including Monarch, Pace and Radius solutions.
“We are excited to have Technique join the EFI family and our expanding portfolio of business automation technologies,” stated Marc Olin, GM of EFI’s Productivity Software business unit. “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.”
The Technique management team and employees will join EFI as part of its Productivity Software Business Unit. EFI plans to highlight Technique and its portfolio at the company’s upcoming annual user conference, EFI Connect, which takes place January 15-18, 2013, at Wynn Las Vegas.
“EFI remains committed to the business and to the long-term global market opportunity with this investment,” said 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.”