LuraTech on course for international expansion thanks to new ownership

Nicole Gauger // October 8, 2015

Member News


Berlin. LuraTech Imaging GmbH has a new owner in the form of Foxit Software. The Berlin-based company, known in particular for its award-winning compression technology with a broad customer base, will have additional resources to rely on in future, particularly in the American and Asian markets. Development will continue uninterrupted on LuraTech’s products, chief among them its flagship product the PDF Compressor, and the company’s Berlin and Remscheid offices will continue to operate with the exact same team.

“For our customers, this change in ownership will mean total continuity for them, while we take advantage of Foxit’s technology and resources in order to provide them with an expanded range of solutions, delivered faster than ever”, said LuraTech’s Executive Director Carsten Heiermann. “The whole team, including our subsidiary offices, will remain exactly the same, and the business plan we developed for the coming year will still be implemented.”

The takeover offers attractive prospects for LuraTech to gain a firmer foothold in the international market. “Foxit Software is particularly well-represented in America and Asia – markets which, until now, we were able to serve to only a limited extent”, said Heiermann.

Both companies will also see their product portfolios expand as a result of the deal. “Foxit’s solutions allow users to seamlessly collaborate and make use of documents on any device”, said Phil Lee, Vice President of Sales at Foxit Software. “Together with LuraTech’s PDF products, we are able to serve all requirements within the PDF ecosystem.” This is because LuraTech’s products address businesses’ needs for server-side solutions.

About Foxit Software:
Foxit is a leading software provider of fast, affordable, and secure PDF solutions.  Businesses and consumers increase productivity by using Foxit’s cost effective solutions to securely work with PDF documents and forms.  Software developers reduce costs and improve time to market with Foxit’s Software Development Kits (SDKs) to incorporate robust PDF technology into their application workflows. This technology shares the same underlying technology that powers Google’s open-source PDFium project. Winner of numerous awards, Foxit boasts over 275 million users and has sold to over 100,000 customers located in over 200 countries. Since Foxit products are ISO 32000-1/PDF 1.7 standard compliant, they are compatible with other PDF products like those from Adobe®.
www.foxitsoftware.com

About LuraTech:
LuraTech delivers document and data conversion solutions, along with bespoke services and outstanding support. Scan service providers and other enterprises and organisations get the best out of all production tools with LuraTech as a partner. LuraTech’s solutions achieve the same levels of automation and integration in document processing as other industries have demonstrated in their own production methods. LuraTech’s solutions are easy to handle and require a manageable level of customisation and individual programming work to implement.
LuraTech’s reference customers include scan service providers arvato (Bertelsmann) and Ratiodata, German health insurance provider DAK, the German state bank of Hesse and Thuringia (Helaba), the Kreissparkasse Ludwigsburg savings bank and other savings banks, the city of Stuttgart and numerous other cities and municipalities, publisher Heinrich Bauer Verlag, and energy providers Vattenfall, RWE and E.ON.  International reference customers include Harvard University, the U.S. Library of Congress, the Dutch Royal Library, the Internet Archive and the U.S. Air Force.
Since its foundation in 1995, LuraTech has been a leading provider of open and ISO-standards-based document and image compression solutions. These include, among others, the company’s successful PDF, PDF/A and JPEG2000 products.
LuraTech is an active participant in various associations, including the “Standards und Normen” association and regional groups of the Association of Organization and Information Systems (VOI). In addition, LuraTech is also the initiator and founding member of the PDF/A Competence Center - a global association with more than 120 members. LuraTech also is a member of the associations AIIM, ARMA, NIRMA and TAWPI.
The company headquarters are in Berlin, with additional offices in Remscheid (Germany) and Redwood City (USA).

Editorial Contacts
LuraTech Europe GmbH
Carsten Heiermann
Neue Kantstr. 14
D-14057 Berlin
Phone: +49 30 394050-0
Fax: +49 30 394050-99
info@luratech.com
http://www.luratech.com

good news! GmbH
Nicole Körber
Kolberger Str. 36
D-23617 Stockelsdorf
Phone: +49 451 88199-12
Fax: +49 451 88199-29
luratech@goodnews.de
http://www.goodnews.de


ABOUT THE AUTHORS

Nicole Gauger

Nicole Gauger is the managing partner of good news!, a communications agency based in Stockelsdorf near Lübeck, Germany. Communications and IT are in her blood. A graduate (BA) in information systems, she works with providers in fields such as document, content and knowledge management, as well as more besides. good news! has supported the PDF Association with press and public-relations …

ABOUT THE AUTHORS

Nicole Gauger

Nicole Gauger is the managing partner of good news!, a communications agency based in Stockelsdorf near Lübeck, Germany. Communications and …

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