The Key Point Blog

04/17/2019

Keypoint Intelligence

Companies focused on digital printing for packaging got a reminder recently that two important suppliers, Durst Phototechnik and Koenig & Bauer, are joining forces, with the goal of making production-level digital printers for both folding carton and corrugated applications. Durst (Italy) and Koenig & Bauer (Germany) signed a 50/50 joint venture agreement on April 10 in Munich, to establish “Koenig & Bauer Durst GmbH.” First revealed in December 2018, the new venture will be registered in Wurzburg, Germany, where Koenig & Bauer is headquartered, but will be a separate entity with its own managing director, and it will cooperate closely with both parent companies. The companies expect that regulatory approvals will be granted within a few weeks, and that business operations will begin in late May.

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04/15/2019

Keypoint Intelligence

Siris Capital Group, LLC, a New York City-based private equity firm founded in 2011, announced the acquisition of Electronics for Imaging, Inc. (EFI) earlier today. The buyout is a pivotal moment for both graphic arts and industrial segments due to both the size and role that EFI plays throughout the industry; it is also a tribute to EFI’s skill, not only at acquiring promising companies over time, but also enlisting their talents and technologies to create synergy for whole of EFI. EFI’s many parts, from the original Fiery business to the industrial print technology divisions that EFI has acquired or developed over time, have become strategic partnerships, ones spanning hardware and software in sectors as diverse as networked office printers, sign & display graphics, ceramic, textile, and corrugated printing, all aided by a vast portfolio of workflow solutions.

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04/10/2019

Randy Dazo, Christine Dunne & Carl Schell

How Acquisitions and Organic Growth Are Bringing About the Latest Industry Transformation

The office equipment dealer channel has undergone tremendous transformation since its early days of selling typewriters, calculators, and office furniture. This transformation has not always been easy.

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01/18/2019

Pat McGrew & David Stabel

Billing and statement processing outsourcers with payment capabilities are continuing to consolidate in an attempt to dominate both the global payment and FinTech markets. On January 14th, 2019, Fiserv and First Data announced that they plan to consolidate their complementary technologies through a $22 billion deal that unites their strong merchant payment platforms, digital banking/billing solutions, and risk management options. Once the acquisition is complete (planned for 2H2019), Fiserv intends to refinance approximately $17 billion in First Data debt and to operate the combined business under the Fiserv name.

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11/16/2018

Christine Dunne

On November 12, Kofax announced its intention to acquire the Nuance Document Imaging (NDI) division of Nuance Communications. If the deal closes as expected in Q1 of 2019, the move will catapult Kofax—already the 800-pound gorilla in the document capture market—to the leadership position in print-management and cost-recovery solutions, too. NDI itself is a product of Nuance’s once-acquisitive nature.

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08/08/2018

Deborah Hawkins

On the 1st August 2018, HP Inc signed a definitive agreement to acquire all shares of Apogee. The UK based office equipment dealer claims to be Europe’s largest independent provider of print outsourced services and document and process technology. The transaction values Apogee as of closing at GBP380m

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07/25/2018

Keypoint Intelligence

Last week Esko announced its acquisition of BLUE Software, LLC, a label and artwork management software company headquartered in Chicago, Illinois. BLUE will join other Esko acquisitions, Enfocus and MediaBeacon, and sit under Danaher’s Product Identification platform of companies. In the issuing statement, Esko President Udo Panenka, said “We are relentlessly seeking to reduce time to market, cost and quality risk in the end-to-end packaging value chain. The acquisition of BLUE enhances Esko’s unique set of tools to enable brand owners and their partners to improve all three.”

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07/12/2018

Christine Dunne

On July 2, Konica Minolta Business Solutions U.S.A. announced the acquisition of MWA Intelligence (MWA)—a provider of enterprise resource planning (ERP) software for the imaging channel. Scottsdale, Arizona-based MWA offers the FORZA ERP solution, which is built on SAP Business One.

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03/05/2018

Keypoint Intelligence

A few years ago, the prospect of two major offset press manufacturers merging would have easily dominated the headlines. And there was never a great number of preeminent manufacturers of web offset commercial printing and newspaper presses. Together with KBA, Goss and manroland Web Systems were among the big three, complemented by a handful of much smaller, more specialized manufacturers mainly in Japan and India. A few other manufacturers left the market recently such as Swiss newspaper press manufacturer Wifag.

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01/31/2018

Keypoint Intelligence

New Merge to Bring "Significant Opportunities for Cost Savings and Leveraging of Core Technology"

The new entity, to be called Fuji Xerox, will become a subsidiary of Fujifilm, with dual headquarters in the United States and Japan. It will keep Xerox’s listing on the New York Stock Exchange and will be led by Xerox CEO Jeff Jacobson and Fujifilm Chairman Shigetaka Komori.

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