Ricoh Management Information System for commercial printing industry has been acquired by eProductivity Software.
Ricoh announced the sale of Avanti Computer Systems Ltd. (Avanti), a Ricoh subsidiary offering Avanti Management Information System (MIS) for the printing industry in North America, to eProductivity Software, a leading global provider of production software technology for the packaging and print industries, headquartered in Pennsylvania, United States, resolving and concluding Share Transfer Agreement.
The impact of the business transfer on the company’s results of operations is expected to be minimal.
Avanti print MIS solution centralises and visualises related information in printing and sales processes of commercial and in-house printing workflows. The solution enables customers to increase productivity and improve profit through management decision support. Linking with Ricoh’s digital printers and print workflow solutions, Avanti has been implemented for commercial and in-house printing customers in the United States, Canada, and the United Kingdom.
“This deal strengthens our long-standing, existing partnership and provides a win-win for our customers,” said Koji Miyao, President of RICOH Graphic Communications Business Unit. “Expanding Avanti’s technology linkage with market leading solutions through greater access to the Print ePS portfolio enables deeper integration into customer workflows, while Ricoh’s increased focus on developing best-in-class production print solutions will further accelerate our customers’ transition from offset-to-digital.”
“The acquisition of Avanti enhances our ability to meet the growing demand for connected, automated, and highly scalable print MIS platforms tailored to midmarket commercial printers,” said Dan Vertachnik, Print ePS CEO. “We look forward to our continued partnership with Ricoh and to supporting Avanti’s customers with the same high level of service and professionalism they have come to expect.”
