100 likes | 440 Views
Scitex towards DRUPA 2000. Andre L. Boers Sales Director Scitex Asia Pacific. THE MERGER !!. Scitex’s Graphic Arts Division and Creo Inc. merge to become THE worldleader in the electronic pre-print industry . The strategic logic.
E N D
Scitex towards DRUPA 2000 Andre L. Boers Sales Director Scitex Asia Pacific
THE MERGER !! Scitex’s Graphic Arts Division and Creo Inc. merge to become THE worldleader in the electronic pre-print industry .
The strategic logic • Use our combined strengths to be the most powerful company in the market • Merger creates strongest force in preprint, will ensure continued growth and profitability • Focus on customer needs • Combine complementary skills to develop new opportunities
Transaction highlights • Scitex to combine its Digital Preprint activities with Creo • Output, Input, Iris and POS, divisions • Distribution, Sales and Customer support • Operations and support functions • Scitex to become Creo’s largest shareholder (27% valued at U$530 M) • Deal subject to regulatory approvals within 30 to 60 days.
The implications for Scitex • Scitex becomes largest shareholder in merged company • SDP, WF, Karat and VIO will operate as independent units within Scitex Corporation. • Scitex to continue identifying and developing new business opportunities • Focus on creating and exposing shareholder value
The plan - organization 6 Business lines Imaging devices - CTP and CTF Workflow solutions Imaging heads (including On Press Imaging) Input Proofing Customer support 5 Distribution organizations Americas Europe Asia Pacific Japan Mid East and Africa • Combined management team
Culture • “We can only move into the future if we let go of the past”
DRUPA 2000 SCITEX WILL HAVE IT’S BOOTH IN HALL 4 ( ALONGSIDE “CREO” )
New Products at DRUPA • “Cantare” - one-shot digital cam-back • CTF : Dolev 4 Dry ; Dolev800V2 • CTP : Complete Lotem Family • TSP • I-Proof • Brisque Extreme • BeServe • Spire • WFP : Grandjets and Pressjet