Print Solutions
As part of its continued focus on its cloud based digitisation strategy in its core business, Heidelberg has sold the software provider Docufy GmbH, to investment company Elvaston Capital Management.
In December 2019, Heidelberg had bundled its own peripheral software activities at Docufy, which usefully complemented the existing portfolio.
The new agreement will allow Heidelberg to further advance its positioning in cloud and data based software and the corresponding range of different products and services tailored to customers in its core business. ‘As part of our portfolio analysis and concentration on our core activities, we have come to the conclusion that Docufy’s planned strategy for the future can be supported in a more targeted manner by a new partner. We are focusing our software activities on the expansion of cloud based applications and platforms for the printing industry,’ said Rainer Hundsdörfer, CEO of Heidelberg. ‘We will use the funds freed up by the sale to drive forward strategic future investments on the path of our digital transformation.’
Docufy is a leading provider of information management software that develops and sells high quality software products and solutions as well as consulting and implementation services, training, and SaaS services.
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