Ricoh Acquires Avanti
Ricoh has acquired Avanti Computer Systems Limited, a provider of Print MIS (Management Information Systems) for the production print market. This acquisition enables Ricoh to further expand the value its production print workflow delivers to customers, as well as to help improve management efficiency and productivity of customers in the production printing market.
The move follows the July 2013 strategic investment Ricoh made in Toronto-based Avanti. The company's award-winning Avanti Slingshot solution is one of the most advanced JDF-certified Print MIS available in the market today. JDF is the industry standard for process automation in prepress, press and post-press.
"We are committed to continual portfolio advancements aimed at helping our customers grow their businesses and improve their efficiency," said Jeff Paterra, SVP and GM, Technology & Solutions Development, Ricoh. "We know that in order to achieve this, they need complete solutions which address their business needs. While our Ricoh Pro Series continues to grow market share globally thanks to its high quality and high productivity, customers look to Ricoh to resolve wider issues surrounding upstream and downstream systems. Our acquisition of Avanti helps us more effectively do just that."
Pat Bolan, president of Avanti.
Previously, Ricoh acquired MarcomCentral (formerly known as PTI Marketing Technologies Inc.), in December 2014. The acquisition has successfully enhanced the value of Ricoh's Web to Print, Marketing Asset Management, and Variable Data Printing offerings. With the addition of Avanti, the Ricoh portfolio is now able to cover the entire production workflow, including Print MIS. Ricoh is aiming to link the Avanti system not only with the Ricoh Pro Series, but also with other company's products, for providing customers with wider solutions.
"Ricoh's initial strategic investment in Avanti three years ago gave us an unparalleled opportunity to advance product development and further deliver innovative MIS solutions," said Patrick Bolan, Avanti president. "The acquisition by Ricoh sets the stage for Avanti to accelerate growth into the global marketplace."
In addition to production workflow, Ricoh has started to offer marketing workflow services, aimed to further print shops’ value proposition to their end customers. By collaborating with its partner companies, Ricoh also aims to form an industry-leading ecosystem that will continuously provide customers with increased value-added services.
