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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.

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Scitex towards drupa 2000 l.jpg
Scitex towards DRUPA 2000

Andre L. Boers

Sales Director

Scitex Asia Pacific


The merger l.jpg
THE MERGER !!

Scitex’s Graphic Arts Division and Creo Inc. merge to become THE worldleader in the electronic pre-print industry .


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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


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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.


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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


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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


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Culture

  • “We can only move into the future if we let go of the past”


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DRUPA 2000

SCITEX WILL HAVE IT’S BOOTH IN HALL 4

( ALONGSIDE “CREO” )


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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



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