EFI returns to software M&A trail
Wednesday, July 6, 2022
EFI’s Fiery business has acquired CADlink Technology Corp to boost its wide-format and direct-to-garment (DTG) workflow and RIP offering.
Terms of the deal for the privately owned software developer were not disclosed.
CADlink develops workflow and RIP packages for applications including DTG and direct-to-film (DTF) printing, digital cutting and engraving; digital wide-format print; and vehicle wraps.
It specialises in supporting businesses looking to consolidate multiple devices and processes across a common workflow platform.
Its product portfolio includes print and cut sign making software SignLab; engraving software EngraveLab; digital printing RIP Digital Factory; screen printing software FilmMaker; and CNC machining and routing software ProfileLab. It also develops custom software and workflows for OEM partners.
“The synergies between our two companies are tremendous and we look forward to providing customers with more world-class software and support to accelerate their adoption of digital print and imaging,” said Toby Weiss, chief operating officer, EFI Fiery.
“This acquisition will directly benefit our customers and it significantly strengthens and expands our presence in growing markets.”
Headquartered in Ottawa, Canada CADlink has direct sales offices in the US, UK, Germany and Spain, however, its products are sold through a global network of OEM partners and resellers, of which there are almost 50 in the UK alone.
“Becoming part of the EFI Fiery business will extend the geographic reach for our products and enhance our ability to support and drive greater value to customers and partners worldwide,” said CADlink co-founder and CEO Gordon Reynen.
“Our team is excited to join the industry leader in DFE, colour management and imaging technologies and combine forces to bring more innovation to market for our customers.”
The CADlink deal is EFI's second M&A in less than a month after the acquisition of digital industrial textile printing specialist Inèdit Software in Spain last month.