EFI extends presence in ‘center for innovation in the printing industry’

EFI acquired Matan, based in Rosh Ha'Ayin, Israel, in an all-cash transaction that will accelerate its inkjet innovation due to Matan’s strong research and development capabilities, according to EFI CEO Guy Gecht.

Following the acquisition, Matan's work force of approximately 70 employees has joined EFI and given it a significant presence in Israel, ‘a center for innovation in the printing industry’. This has resulted in Yosefi joining EFI as vice president and general manager of EFI Inkjet Israel.

Yosefi has also worked at Creo and Scitex in a career spanning more than 25 years.

‘Our technology and – most importantly - our customers have a great future ahead with EFI in terms of ongoing support and innovation,’ said Yosefi. ‘The Matan team and I are excited to continue growing and innovating as part of one of the world's leading providers of industrial inkjet printing products.’