Staples to Acquire PNI Digital Media
Staples Inc., Framingham, Mass., on Monday announced it had reached an agreement to acquire Canada-based digital media solutions provider PNI Digital Media. PNI's software platform allows retailers to sell millions of personalized products each year, including photo prints, photo books, calendars, business cards, documents, wedding invitations, stationery and more. More than 300,000 retail locations currently use the company's digital media platform.
"PNI's technology gives customers easy access to the best personalized products and related services," said Damien Leigh, senior vice president, Staples Business Services. "As a part of Staples, we expect PNI to continue to innovate on an open platform and share their innovations with both their current customers and with Staples' Business Services division."
"For years, our retailer partners have used our online, in-store kiosk software and mobile apps to successfully drive millions of orders and in-store visits," added Kyle Hall, CEO of PNI Digital Media. "With the support of Staples, we expect to significantly expand the services we offer for our retailers and partners."
PNI will likely remain independently operated, and will leverage Staples' strength to provide improved service for its customers and partners. PNI expects to continue growing its customer base with Staples' support while maintaining the necessary resources to consistently meet its customers' needs.