EFI Acquires Shuttleworth Business Systems4 Nov, 2015
FREMONT, CA - November 4, 2015 – Electronics For Imaging, Inc. (Nasdaq:EFII) announced today the acquisition of Shuttleworth Business Systems Ltd (Shuttleworth), a privately held print software provider headquartered in Kettering, UK.
While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI’s Q4 or full year 2015 results.
EFI™ is the global market leader of innovative end-to-end certified business and production workflow software to the commercial print, publishing, and packaging industries. The addition of Shuttleworth will further extend EFI’s leadership in the UK market.
“We are excited to welcome Shuttleworth customers and employees into the EFI family,” said Gabriel Matsliach, Senior Vice President and General Manager, EFI Productivity Software. “We intend to continue to meet and exceed the needs of Shuttleworth’s existing client base with the same enthusiasm that Shuttleworth has for the many years they've been in business, while offering those customers access to the full portfolio of EFI products and enabling them to implement complete, end-to-end, business and production workflows that drive efficiency and profitability.”
“We are very excited to join the EFI family and are confident in the additional value they can bring to our customers,” said Andy King, Joint Managing Director, Shuttleworth. “EFI has the technology, skill and reach that will enable Shuttleworth customers continued growth and success for years to come.”
EFI™ is a global technology company, based in Silicon Valley, and is leading the worldwide transformation from analog to digital imaging. We are passionate about fueling customer success with products that increase competitiveness and boost productivity. To do that, we develop breakthrough technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, and digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process. (www.efi.com)
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