Hewlett-Packard Co. (NYSE: HPQ) has acquired Hiflex Software GmbH, a privately held global software solutions provider specializing in Web-to-print and management information systems solutions for printing services. Financial terms of the transaction were not disclosed.
Founded in 1991, Hiflex is based in Aachen, Germany. Following the acquisition, Hiflex will continue to develop its offerings and serve its current customers.
In statement, Vyomesh Joshi, executive vice president for HP’s imaging and printing group, said that with the acquisition HP wants to break the traditional barriers of how and where business customers print, making it easy for them to produce custom or personalized materials. He added that Hiflex’s technology will provide a “powerful platform” to deliver on that goal as part of the company’s overall cloud printing strategy.
Technologies from Hiflex will extend the company’s portfolio of cloud-based technologies and solutions. HP also said that it remains committed to supporting a broad range of partner solutions, giving customers maximum choice and flexibility.
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