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EFI acquires Prism Group Holdings

August 5, 2011

The California-based company will incorporate Prism's software into their Software Applications portfolio.

Foster City, California-based Electronics for Imaging (EFI) has acquired Prism Group Holdings, a provider of MIS/ERP (management information systems and enterprise resource planning) software products for the printing and packaging industries.

“We are extremely happy to bring Prism into our expanding portfolio of customer-centric technologies. They have built a very impressive list of clients in Australia, New Zealand, Europe, South Africa and North America, and we welcome those clients to our large, global client base,” said Marc Olin, General Manager of EFI’s Software Applications business unit, in a statement. “In addition, we’re very excited to have Prism’s employees join EFT and help us expand our rapidly growing global presence with their years of expertise in software for the printing and packaging industries.”

Prism software will become part of EFI’s Software Applications portfolio. EFI intends to integrate support and operations of Prism into the existing Software Applications organization, which will provide the EFI PrintSmith, Pace, Monarch and Radius software products, while continuing to support the existing Prism client base.

“We are very excited to be joining EFI, the clear leader in the business process automation software space for printing and packaging companies,” said Filip Buyse, President and CEO of Prism. “It is a natural fit for our client base and we look forward to introducing them to EFI’s portfolio of solutions.”

Prism is headquartered in Brisbane, Australia, with operations in New Zealand, the United Kingdom and the United States. Prism's customers range from general commercial, web printing, mailing and publication printers, to label printers, packaging companies and converters.