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Hewlett-Packard (HP) announced the acquisition of Hiflex Software, a privately held software solutions provider specializing in Web-to-print and management information systems solutions for printing services. Financial terms of the transaction were not disclosed. Founded in 1991, Hiflex is headquartered in Aachen, Germany. Following the acquisition, Hiflex will continue to service its current customers, HP said in a statement.

“HP wants to break the traditional barriers of how and where business customers print, making it easy for them to produce custom or personalized materials anywhere, anytime,” said Vyomesh Joshi, executive vice president of HP’s imaging and printing group. “Hiflex s technology provides a powerful platform to deliver on this goal as part of our overall cloud printing strategy.”

Hiflex products include MIS, Print Support and its open Web-to-Print System called Webshop. HP said technologies from Hiflex would enable continued innovation across HP’s imaging and printing offerings and would extend the company’s portfolio of cloud-based technologies and solutions. HP said it also remains committed to supporting a broad range of partner solutions.

Earlier this year HP announced imaging and printing solutions and devices designed to help small to medium-size businesses (SMBs) and enterprise organizations enhance employee productivity, both in the office and on the go. These include expanding HP solutions suitable for the enterprise but scaled for SMBs and delivered by channel solutions partners, the introduction of strategic technology partners Hyland Software and Nuance, as well as new workflow solutions for health care and financial services enterprise customers and new and enhanced multifunction printers aimed at the office environment and featuring ePrint capabilities.

HP recently released a statement regarding the security of its print services after a series of articles suggested potential security vulnerability with some HP LaserJet printers. The company said no customer has reported unauthorized access and labeled speculation regarding potential for devices to catch fire due to a firmware change as false.

To read the original eWeek article, click here: HP Acquires Web-to-Print Specialist Hiflex