Presstek Acquires VIM: WhatTheyThink Exclusive Interview with CEO David Savage

Last April, we spoke with David Savage, who took over as CEO of Presstek after AIP’s acquisition of the company. Earlier this week, we learned that Presstek had acquired one-time competitor VIM, an Israeli-based manufacturing of printing plates. Our readers may remember that there had been litigation between the two companies over patent infringement in which Presstek prevailed. Savage spoke with us about the acquisition and what it means for the future of Presstek.

WTT: David, it was interesting to learn of Presstek’s acquisition of VIM. Perhaps you could provide us with some background as to how this came about.

DS: These conversations started in the February timeframe. VIM had been on the radar for a long time as a competitor and had done an excellent job in developing print technologies. We were marketing to same customers, and we were both looking to move beyond DI. We both agreed that we needed to put the past behind us and see how we could benefit from joining the companies. That’s how the conversation started.

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About Cary Sherburne

Cary Sherburne is a well-known author, journalist and marketing consultant whose practice is focused on marketing communications strategies for the printing and publishing industries.

Cary Sherburne is available for speaking engagements and consulting projects. To get more information contact us.

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