{"id":25988,"date":"2017-10-04T22:39:52","date_gmt":"2017-10-05T05:39:52","guid":{"rendered":"http:\/\/www.enxmag.com\/twii\/?p=25988"},"modified":"2017-10-04T22:39:52","modified_gmt":"2017-10-05T05:39:52","slug":"efi-acquires-escada-systems-extending-its-offering-for-the-corrugated-packaging-market","status":"publish","type":"post","link":"https:\/\/www.enxmag.com\/twii\/news\/2017\/10\/efi-acquires-escada-systems-extending-its-offering-for-the-corrugated-packaging-market\/","title":{"rendered":"EFI Acquires Escada Systems, Extending its Offering for the Corrugated Packaging Market"},"content":{"rendered":"<p><em>Fremont, CA (Oct. 2, 2017)<\/em> \u2014 Electronics For Imaging Inc. (Nasdaq: EFII) announced today the acquisition of Escada Systems, a leading provider of Corrugator Control systems for the packaging market. Based in the United Kingdom and with operations also in the United States, privately held Escada brings a strong reputation for innovation and vast experience in helping packaging companies to achieve greater productivity, quality and profitability.<\/p>\n<p>EFI is a market leader in providing a complete ecosystem for corrugated production, that includes the EFI Nozomi C18000, an ultra-high-speed single-pass LED inkjet press powered by the award-winning Fiery DFE together with leading-edge inks, and the EFI Corrugated Packaging Productivity Suite, the market\u2019s first end-to-end software offering for business management and manufacturing execution, which is gaining global momentum, serving corrugated packaging companies around the globe. The addition of Escada\u2019s technology and expertise will enable EFI to expand the Productivity Suite\u2019s value to sheet feeders and full corrugated box plants, to also include comprehensive control and traceability for the entire corrugation process.<\/p>\n<p>\u201cWe are thrilled to add the Escada team and technology to our leading portfolio for the Packaging industry,\u201d said Gabriel Matsliach, senior vice president and general manager, EFI Productivity Software. \u201cThe addition of Escada makes EFI a one-stop shop for enabling packaging companies to improve the quality, efficiency and profitability of the corrugation process, using their existing corrugators.\u201d<\/p>\n<p>While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI\u2019s Q4 or full-year\u001b 2017 results. Escada employees, including founder and former principal Gavin Bushby, have joined EFI\u2019s Productivity Software business unit.<\/p>\n<p>\u201cWe are very excited to join the EFI family and to play a role in EFI\u2019s strategy for the packaging industry,\u201d said Gavin Bushby, chairman of Escada. \u201cEFI global scale and reach will enable more customers to benefit from our innovative technologies for years to come. I look forward to being an active member of this world-class organization and to help them innovate to advance both traditional and digital on-demand technologies and help our industry and customers to grow and prosper.\u201d<\/p>\n<p>###<\/p>\n<p><strong>About EFI<\/strong><br \/>\n<a href=\"http:\/\/www.efi.com\">EFI <\/a>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, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fremont, CA (Oct. 2, 2017) \u2014 Electronics For Imaging Inc. (Nasdaq: EFII) announced today the acquisition of Escada Systems, a leading provider of Corrugator Control systems for the packaging market. Based in the United Kingdom and with operations also in the United States, privately held Escada brings a strong reputation for innovation and vast experience in helping packaging companies to achieve greater productivity, quality and profitability. EFI is a market leader in providing a complete ecosystem for corrugated production, that includes the EFI Nozomi C18000, an ultra-high-speed single-pass LED inkjet press powered by the award-winning Fiery DFE together with leading-edge inks, and the EFI Corrugated Packaging Productivity Suite, the market\u2019s first end-to-end software offering for business management and manufacturing execution, which is gaining global momentum, serving corrugated packaging companies around the globe. The addition of Escada\u2019s technology and expertise will enable EFI to expand the Productivity Suite\u2019s value to sheet feeders and full corrugated box plants, to also include comprehensive control and traceability for the entire corrugation process. \u201cWe are thrilled to add the Escada team and technology to our leading portfolio for the Packaging industry,\u201d said Gabriel Matsliach, senior vice president and general manager, EFI Productivity Software. \u201cThe addition of Escada makes EFI a one-stop shop for enabling packaging companies to improve the quality, efficiency and profitability of the corrugation process, using their existing corrugators.\u201d While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI\u2019s Q4 or full-year\u001b 2017 results. Escada employees, including founder and former principal Gavin Bushby, have joined EFI\u2019s Productivity Software business unit. \u201cWe are very excited to join the EFI family and to play a role in EFI\u2019s strategy for the packaging industry,\u201d said Gavin Bushby, chairman of Escada. \u201cEFI global scale and reach will enable more customers to benefit from our innovative technologies for years to come. I look forward to being an active member of this world-class organization and to help them innovate to advance both traditional and digital on-demand technologies and help our industry and customers to grow and prosper.\u201d ### About EFI 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, digital front ends, and a comprehensive business and production workflow suite that transforms and streamlines the entire production process.<\/p>\n","protected":false},"author":66,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[86],"tags":[179,3248],"_links":{"self":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25988"}],"collection":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/comments?post=25988"}],"version-history":[{"count":3,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25988\/revisions"}],"predecessor-version":[{"id":25991,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/posts\/25988\/revisions\/25991"}],"wp:attachment":[{"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/media?parent=25988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/categories?post=25988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enxmag.com\/twii\/wp-json\/wp\/v2\/tags?post=25988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}