Type | Private |
---|---|
Nasdaq: EFII | |
Industry | Digital Imaging Technology |
Founded | 1989 |
Founder | Efi Arazi |
Headquarters | , |
Area served | Worldwide |
Key people | Frank Pennisi (CEO) Jeff Jacobson (Chairman) [1] |
Revenue | US$ 998 million (FY 2017) [2] |
US$ 45.5 million (FY 2016) | |
Owner | Siris Capital Group |
Number of employees | 3600+ (2018) |
Website | efi.com |
Electronics for Imaging, Inc. (EFI) is an international company based in Silicon Valley that specializes in digital printing technology. Formerly located in Foster City, California, the company is now based in Fremont. On July 1, 2015, EFI entered the textile printing marketing with the acquisition of Italian digital textile company Reggiani Macchine. [3] On June 16, 2016, EFI acquired Optitex, a 3D digital workflow provider. [4]
Founded in 1989 in San Francisco by Israeli businessman Efi Arazi, [5] EFI is known for producing the Fiery print server, a raster image processor used throughout the printing industry.
In April 2019, EFI announced that it had entered into a definitive agreement to be acquired by Siris Capital Group, LLC in an all-cash transaction valued at approximately $1.7 billion. [6] In January 2022, the company completed the sale of its eProductivity Software print and packaging software business to Symphony Technology Group. [7]
Following the late 2021 divestment of its EFI Productivity Software business unit, [8] Electronics For Imaging has two business units: EFI Fiery and EFI Inkjet. [7] The EFI Fiery business manufactures digital front ends and related software for digital printing operations. The EFI Inkjet business unit manufactures and sells UV, UV LED and dye-sublimation wide- and superwide-format printers for the signage/display graphics market, as well as industrial inkjet printers for the building materials, ceramic tile, corrugated packaging and textile markets. [7]
The EFI Fiery business dates back to the founding of the company and its original digital front end (DFE) product, which allowed users to turn their color copiers into digital color printers. While originally used primarily in office printing environments, most Fiery DFEs today are developed for use with higher-volume "production level" toner or inkjet digital printing devices in commercial printing businesses and in-plant/central reproduction department facilities.
Fiery DFEs are used with toner and inkjet digital production printers, and wide- and superwide-format inkjet printers, from a variety of printer manufacturers. According to EFI, there have been more than 2 million Fiery DFEs sold worldwide. [9]
The Fiery business unit manufactures its DFEs for specific print hardware manufacturers, including Konica Minolta, Xerox, Canon, and Ricoh, [10] among others, providing custom computer hardware loaded with software – including Raster Image Processor, or RIP, software needed to interpret, render, and design files into color-separated images that the printer can produce. [11]
The Fiery business also includes a range of workflow software products for digital printing used to streamline and automate various digital print prepress and production tasks, including color management; advanced prepress workflows; imposition and nesting; variable-data management; and job management between multiple digital print devices.
The Fiery business unit, which has principal facilities in the U.S., India, and Germany, also develops EFI IQ, a suite of cloud-based print management and business intelligence tools, and EFI Self-Serve products. Commonly used in school campuses, libraries, hotels and retail store environments, EFI Self-Serve terminals and software enable walk-up printing by consumers on digital printing equipment. Users can print files from USB drives, mobile devices, or cloud accounts.
EFI primarily developed peripherals and software used with other companies’ printers until acquiring a superwide-format inkjet printer manufacturer, Meredith, N.H.-based VUTEk Inc., in 2005 for approximately $281 million. [12] The company acquired its main inkjet ink manufacturing facility a year later. Then, in 2008, EFI acquired another U.S.-based inkjet technology company, Raster Printers. [13] That was followed by the 2012 purchase of Cretaprint, a Spanish manufacturer of digital printers for the ceramic tile market, and two companies in 2015: Matan Digital Printers, an Israel-based manufacturer of roll-to-roll UV inkjet display graphics printers, and Reggiani Macchine, an Italian manufacturer of textile printers.
EFI's 2012 Cretaprint acquisition gave the company single-pass inkjet technologies that allow for faster output compared with traditional scanning/multi-pass inkjet printers. [14] That has led EFI into the development of industrial single-pass printers that print corrugated packaging; signage; wood flooring and panels; and fiber-cement building materials. The company also manufactures a single-pass inkjet printer for textiles, the EFI Reggiani BOLT. As of May 2022, the Reggiani BOLT was the world's fastest inkjet textile printer, operating at speeds up to 90 linear meters per minute.
In October 2014, the U.S. Labor Department's wage and hour division in San Francisco fined the company $3,500 and ordered it to pay more than $40,000 in back wages after it had employed eight people at its new location in Fremont and paid the workers $1.21 per hour to install the computer network. California minimum wage was then $8.00 an hour. [15] [16] The employees, IT technicians, were flown in from Bangalore, India to help with the company's relocation to Fremont and were paid in rupees. The company said it was an "administrative error". EFI's vice president of HR Shared Services, Beverly Rubin, said, "During this assignment, they continued to be paid their regular pay in India, as well as a special bonus for their efforts on this project." She added, "During this process we unintentionally overlooked laws that require even foreign employees to be paid based on local U.S. standards." [15] [17] [18] [19]
Some of the employees were reported to have worked 122 hours a week setting up the network. [19] The day before news of the labor violation was reported, the company posted record revenues of nearly $198 million, an 11 percent increase over the previous year. [20] Michael Eastman, assistant district director with the United States Department of Labor, said that the labor abuses at the company were among the worst he had ever seen, even surpassing Los Angeles sweatshops. [15] According to the Associated Press, CEO Guy Gecht earns just under $6 million, including salary and bonuses. [15]
The controversy precipitated a flurry of comments from local politicians. Mike Honda, Congressman from San Jose and a Democrat, issued a statement that EFI's human resources practices "constitute the most egregious type of wage theft and employee abuse. They undermine fair labor competition among businesses, and if left unaddressed would erode the idea that this is an economy of opportunity." [21] Honda indicated that current penalties are not sufficient to deter unscrupulous employers from engaging in wage abuses, and need to be increased. CEO Guy Gecht, had been a major contributor to the campaign of Ro Khanna, Honda's opponent, but Gecht's name was removed from Khanna's endorsement list after news of the labor violations broke. Tyler Law, a spokesman for Khanna noted, "The inexcusable exploitation by Electronics for Imaging goes against everything that Silicon Valley stands for." [21]
In the field of computing, a printer is considered a peripheral device that serves the purpose of creating a permanent representation of text or graphics, usually on paper. While the majority of outputs produced by printers are readable by humans, there are instances where barcode printers have found a utility beyond this traditional use. Different types of printers are available for use, including inkjet printers, thermal printers, laser printers, and 3D printers.
In computer graphics and digital photography, a raster graphics represents a two-dimensional picture as a rectangular matrix or grid of square pixels, viewable via a computer display, paper, or other display medium. A raster is technically characterized by the width and height of the image in pixels and by the number of bits per pixel. Raster images are stored in image files with varying dissemination, production, generation, and acquisition formats.
Laser printing is an electrostatic digital printing process. It produces high-quality text and graphics by repeatedly passing a laser beam back and forth over a negatively charged cylinder called a "drum" to define a differentially charged image. The drum then selectively collects electrically charged powdered ink (toner), and transfers the image to paper, which is then heated to permanently fuse the text, imagery, or both, to the paper. As with digital photocopiers, laser printers employ a xerographic printing process. Laser printing differs from traditional xerography as implemented in analog photocopiers in that in the latter, the image is formed by reflecting light off an existing document onto the exposed drum.
Inkjet printing is a type of computer printing that recreates a digital image by propelling droplets of ink onto paper and plastic substrates. Inkjet printers were the most commonly used type of printer in 2008, and range from small inexpensive consumer models to expensive professional machines. By 2019, laser printers outsold inkjet printers by nearly a 2:1 ratio, 9.6% vs 5.1% of all computer peripherals. As of 2023, sublimation printers have outsold inkjet printers by nearly a 2:1 ratio, accounting for 9.6% of all computer peripherals, compared to 5.1% for inkjet printers.
Dye-sublimation printing is a term that covers several distinct digital computer printing techniques that involve using heat to transfer dye onto a substrate.
An MFP, multi-functional, all-in-one (AIO), or multi-function device (MFD), is an office machine which incorporates the functionality of multiple devices in one, so as to have a smaller footprint in a home or small business setting, or to provide centralized document management/distribution/production in a large-office setting. A typical MFP may act as a combination of some or all of the following devices: email, fax, photocopier, printer, scanner.
Digital printing is a method of printing from a digital-based image directly to a variety of media. It usually refers to professional printing where small-run jobs from desktop publishing and other digital sources are printed using large-format and/or high-volume laser or inkjet printers.
Prepress is the term used in the printing and publishing industries for the processes and procedures that occur between the creation of a print layout and the final printing. The prepress process includes the preparation of artwork for press, media selection, proofing, quality control checks and the production of printing plates if required. The artwork is often provided by the customer as a print-ready PDF file created in desktop publishing.
Lexmark International, Inc. is a privately held American company that manufactures laser printers and imaging products. The company is headquartered in Lexington, Kentucky. Since 2016 it has been jointly owned by a consortium of three multinational companies: Apex Technology, PAG Asia Capital, and Legend Capital.
An Iris printer is a large-format color inkjet printer designed for prepress proofing. It was introduced in 1985 by Iris Graphics, originally of Stoneham, Massachusetts, and is currently manufactured by the Graphic Communications Group of Eastman Kodak. It is also used in the fine art reproduction market as a final output digital printing press, as in Giclée.
In printing, Preflight is the process of confirming that the digital files required for the printing process are all present, valid, correctly formatted, and of the desired type. The basic idea is to prepare the files to make them feasible for the correct process such as offset printing and eliminate costly errors and facilitate a smooth production. It is a standard prepress procedure in the printing industry. The term originates from the preflight checklists used by pilots. The term was first used in a presentation at the Color Connections conference in 1990 by consultant Chuck Weger, and Professor Ron Bertolina was a pioneer for solutions to preflighting in the 1990s.
Durst is an Italian manufacturer of photographic printing equipment.
Gilson Graphics, Inc. is a commercial printing company in Grand Rapids, Michigan. Since its incorporation, Gilson Graphics has acquired selected assets of Knickerbocker Press, National Correct Color, Axis Digital Print and Imaging, Photolith, Commercial Printing Co., Hastings Press, and Integra Printing, Inc. Founded as Gilson Press Inc. in 1948 by Lars Gilson, the business now runs two locations in Grand Rapids and also operates a composition department in Atlantic, Iowa. Subsidiaries of the company include North Star Teacher Resources and Ignition New Media Workshop. The company is one of the largest printing companies in Grand Rapids.
Domino Printing Sciences PLC is a British-based developer of Industrial and Commercial inkjet printing, thermal transfer printing, print and apply machines, digital printing presses and laser printing products. At present, they are operating in over 120 countries and employ over 2,800 employees and have manufacturing facilities in the UK, US, China, Germany, India, Sweden and Switzerland. The company's roots are in the industrial printer hardware space, until recently, when they have begun to move into the software space.
Digital textile printing is described as any ink jet based method of printing colorants onto fabric. Most notably, digital textile printing is referred to when identifying either printing smaller designs onto garments and printing larger designs onto large format rolls of textile. The latter is a growing trend in visual communication, where advertisement and corporate branding is printed onto polyester media. Examples are: flags, banners, signs, retail graphics.
Kodak Proofing Software is an application from Eastman Kodak for managing and controlling the process of Prepress proofing. It supports the Veris printer, Kodak Approval and various inkjet printers from Epson and Hewlett Packard.
The G7 Method is a printing procedure used for visually accurate color reproduction by putting emphasis on matching grayscale colorimetric measurements between processes. G7 stands for grayscale plus seven colors: the subtractive colors typically used in printing and the additive colors. The method is used in many applications of printing such as offset lithography, flexography, and gravure since it uses a one-dimensional neutral print density curve (NPDC) to match neutral tonality between two G7 calibrated printing systems. The G7 method is not a completely accurate color management system nor is it officially standardized by the International Color Consortium (ICC).
"Harlequin (software)" is a raster image processor first released in 1990 under the name ScriptWorks running as a command-line application to render PostScript language files under Unix. It was developed by Harlequin, a software company based in Cambridge, England.
Kornit Digital is an Israeli-American international manufacturing company. It produces high-speed industrial inkjet printers, and pigmented ink and chemical products for the garment and apparel, home goods, and textile accessories decorating industry. Kornit Digital has offices in Israel, Hong Kong, China, Germany and the USA. Ofer Ben Zur was Kornit CEO from its founding in 2002 until 2014, when he was succeeded by Gabi Seligsohn; Ben Zur remained as Chief Technology Officer. Ronen Samuel, formerly of HP Indigo, succeeded Seligsohn as CEO in June of 2018.
Jeff Jacobson is an American business executive. Currently the executive chairman of Electronics For Imaging (EFI), he is also an executive partner at SIRIS Capital Group LLC. He previously served as the CEO of EFI, Xerox Corporation, Presstek, Kodak Polychrome Graphics, and as COO of Kodak's Graphic Communications Group.
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