SPRINGFIELD, Ill., Sept. 19, 2016 /PRNewswire/ -- Today, Springfield, IL-based Levi, Ray & Shoup, Inc. (LRS) announced that it is acquiring Stockholm, Sweden-based software company Cirrato Technologies AB (Cirrato). The Cirrato group will be a part of the Enterprise Output Management division of LRS, helping LRS expand its market reach and solution offerings.
Established in 2005, Cirrato developed and patented a well-regarded Single Server Printing solution called Cirrato One. This popular print management solution will continue to be enhanced and supported by existing staff in their current locations. LRS' VPSX® and Cirrato One™ development teams will collaborate and share key technologies to provide all LRS customers the most flexible, reliable, and efficient solutions for delivering business-critical documents.
Cirrato founder Gorm Halberg-Lange explained, "We are proud to become part of LRS. It represents a turning point for Cirrato. Since we first started offering single server printing in 2005, we have continued to develop the software in order to remain a front runner in the market. As part of the LRS® Enterprise Output Management division, Cirrato will have everything that is required to remain in that position and to keep offering a solution that will benefit those organizations that are looking to reduce the number of print servers and centrally manage their print environment."
John Howerter, LRS Senior Vice President of Product Marketing, added, "We are excited to welcome this talented group of printing experts to the LRS family. In addition to an innovative product set and loyal customer base, they bring a fresh perspective to the topic of Enterprise Output Management. Though LRS and Cirrato evolved separately, we share a common set of values regarding how we develop our products and support our customers. Together, we will continue to offer customers new ways to eliminate print servers, improve business processes, and save money."
LRS is a privately-held U.S. company with corporate headquarters located in Springfield, Illinois, USA. Remote offices are located throughout the United States and in key geographic regions around the world. More than half of the Fortune 1000 companies rely on industry-leading LRS® solutions, with products in use in over 30 countries. Industry analyst groups recognize LRS as a global IT leader and Software Magazine consistently ranks LRS as one of the top software companies in the world. For more information about LRS, visit www.LRSOutputManagement.com.
LRS, LRS in the diamond device, and VPSX are registered trademarks and Cirrato One is a trademark of Levi, Ray & Shoup, Inc. All other brand and product names are trademarks or service marks of their respective holders.
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SOURCE Levi, Ray & Shoup, Inc.