Earlier this month, SG360° announced its first outside board of directors member since It was acquired by private equity firm ICV Partners - Patrick R. Donahoe, former Postmaster General of the United States and CEO of the U.S. Postal Service (USPS). “He is really going to help us think differently,” said Schneider. “This is just the first step in a much longer-term strategy to bring a broad array of postal optimization strategies to our customers. We already help clients differentiate themselves in the look, feel, design and impact of their mail pieces. We can now leverage our scale to better drive postal efficiencies.” Click Read More below for additional information.

Deluxe announced an agreement to acquire First American Payment Systems for $960 million in cash, subject to customary adjustments. This transaction is expected to accelerate the company’s transformation into a leading payments technology company as part of its One Deluxe strategy. First American is a privately owned, industry-leading, large-scale payment processor. The company provides partners and merchants with comprehensive in-store, online, and mobile payment solutions, including powerful digital payment processing services that help customers navigate through traditional, mobile, and virtual point-of-sale channels. With the acquisition of First American, Deluxe is expected to double the annual revenue of its Payments segment while maintaining healthy margins, firmly establishing Deluxe as a leader in the payments industry.

What print technology is enjoying double-digit growth while it enables mass customization and changes the entire print business model? Asked at the opening session of the 2018 Inkjet Summit, the question had what may have seemed to be an obvious answer. But keynote speaker and conference chair Marco Boer (I.T. Strategies) wanted the event’s hand-picked audience to be completely clear about why the rise of production inkjet has been so remarkable and what its growth portends for the industry over the next few years. According to Boer, inkjet is coming into its own at a time when the commercial print segment is undergoing a profound structural change because of worsening labor shortages, a “precipitous drop” in revenues and profits, and what are probably permanent changes in the way people consume and buy print. The good news, he said, is that inkjet can help to remedy all of these ills with its automated productivity and its broadly acceptable print quality. Click Read More below for additional information.