EFI has strengthened its offering to the packaging market with the acquisition of Corrugated Technologies Inc, which develops manufacturing execution software for the corrugated packaging market. CTI has extended its offering in recent years to also include business and management capabilities, creating a leading software offering for sheet feeders, sheet plants, and full corrugated box plants.
The company will now be merged into EFI’s Productivity Software business unit. It will be added to the Enterprise Packaging Productivity Suite, which is based around the Radius MIS.
CTI is based in San Diego, California, and as with previous EFI acquisitions, all the employees, including co-founders and former principals Gordon Hay and Emma Hay, will join EFI. CTI was a privately held company and EFI has not disclosed the terms of the deal, other than to say that it won’t affect its Q4 or full year 2015 results.