Electronics for Imaging
| Public | |
| Traded as |
NASDAQ: EFII S&P 600 Component |
| Industry | Digital Imaging Technology |
| Founded | 1989 |
| Founder | Efi Arazi |
| Headquarters | Fremont, California, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
Guy Gecht CEO |
| Revenue |  US$ 992.1 million (FY 2016) |
| Profit |
US$ 45.5 million (FY 2016)
|
|
Number of employees
|
3000+ (2016) |
| Subsidiaries | Optitex |
| Website | Efi.com |
Electronics for Imaging, Inc. (EFI) is an international company based in Silicon Valley that specializes in digital printing technology. EFI develops technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalized documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite.
Formerly located in Foster City, California, the company is now based in Fremont. EFI™ is a global technology company, based in Silicon Valley, and its corporate goal is to lead the worldwide transformation from analogue to digital imaging. EFI develops technologies for the manufacturing of signage, packaging, textiles, ceramic tiles, and personalised documents, with a wide range of printers, inks, digital front ends, and a comprehensive business and production workflow suite that streamlines the production process. On July 1, 2015, EFI entered the textile printing marketing with the acquisition of Italian digital textile company Reggiani Macchine. On June 19, 2016, EFI acquired Optitex, a 3D digital workflow provider.
EFI was founded in 1989 in San Francisco by Israeli businessman Efi Arazi, who had previously founded Scitex in 1968, the first Israeli high-tech firm.
For six consecutive years, EFI has led the print industry with the most Must See 'Em awards through the Graph Expo, the most comprehensive "selling" trade show for Digital, Inkjet, Offset, Flexo, Gravure and Hybrid technologies, products and services for the Commercial, Transactional, Converting and Package Printing, Publishing, Mailing, In-Plant, Photo Imaging, Marketing and Industrial Printing industries in the Americas. In 2016, EFI received 8 Must See 'Em awards. The MUST SEE ’EMS provide valuable guidance to show goers considering the purchase of new equipment or software; they are also invaluable to exhibitors who desire industry-wide recognition of their newest products. The MUST SEE ’EMS also provide the industry media with a specific "hot list" of the latest innovations for pre-show, onsite and post-show coverage.
In October 2014, the U.S. Labor Department's wage and hour division in San Francisco fined the company $3,500 and ordered it to pay more than $40,000 in back wages after it had employed eight people at its new location in Fremont and paid the workers $1.21 per hour to install the computer network. California minimum wage was then $8.00 an hour. The employees, IT technicians, were flown in from Bangalore, India to help with the company's relocation to Fremont and were paid in rupees. The company said it was an "administrative error". EFI's vice president of HR Shared Services, Beverly Rubin, said, "During this assignment, they continued to be paid their regular pay in India, as well as a special bonus for their efforts on this project." She added, "During this process we unintentionally overlooked laws that require even foreign employees to be paid based on local U.S. standards."
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Wikipedia