EFI has announced it will be acquiring Radius Solutions, a management software provider for the printing and packaging industries. The move will give EFI more offerings in its Advanced Professional Print Software division (APPS).
“We are very pleased to add Radius to our growing portfolio of
industry-leading software solutions targeted to the print industry,”
said Marc Olin, Sr. VP/GM APPS of EFI. “EFI’s goal is to offer our
customers a complete product portfolio that assists them from job
creation to production, while allowing them to be more efficient and
effective, and ultimately, more profitable. Radius allows us to bring
this concept to the packaging market, which is one of the largest
segments of the print market and an area of strategic focus for EFI,
joining our Pace and Monarch MIS systems which are targeted to the
display graphics and commercial print markets.”
Radius Solutions is headquartered in Chicago, Illinois with direct
operations in the United States and Europe. Radius brings many years of
experience developing and deploying applications developed specifically
to manage the unique needs of packaging and printing organizations.
Radius has established itself as a provider of management
information systems specifically designed to help flexible packaging,
folding carton and label printers manage their operations.
“We are very excited to have Radius Solutions join the EFI family,”
said David Taylor, President and CEO of Radius Solutions. “Our ERP
packaging software fits strategically within EFI’s solutions portfolio.
Our clients will gain a supplier with a global footprint and the
additional resources of a tier one organization. I look forward to
managing the Radius product line within their world class organization.”
Details of the transaction were not released and the deal is still subject to various closing conditions.