Hiflex Software Acquired by HP

PALO ALTO, CA—Dec 6, 2011—HP has acquired Hiflex Software GmbH, a privately held software solutions provider specializing in management information system (MIS) and Web-to-print solutions for printing services. Financial terms of the transaction were not disclosed.

Founded in 1991, Hiflex is headquartered in Aachen, Germany. Following the acquisition, Hiflex will continue to evolve its offerings and service its current customers.

“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 anywhere, anytime,” said Vyomesh Joshi, executive vice president, Imaging and Printing Group, HP. “Hiflex’s technology provides a powerful platform to deliver on this goal as part of our overall cloud printing strategy.”

Technologies from Hiflex will enable continued innovation across HP’s imaging and printing offerings and will extend the company’s portfolio of cloud-based technologies and solutions. HP also remains committed to supporting a broad range of partner solutions, giving customers maximum choice and flexibility.

Source: HP.