Framingham Online News

Staples to Acquire PNI Digital Media

Filed under: Business by News Staff at 2:02 am on May 7, 2014
(photo) Headquarters of Staples, Inc.

Headquarters of Staples, Inc. located at 500 Staples Drive, Framingham, MA 01702 (USA)

FRAMINGHAM, MA - Staples, Inc. (NASDAQ:SPLS) and PNI Digital Media (TSX:PN) (OTCQB:PNDMF), a leading innovator in digital media solutions for retailers, today announced that they have reached an agreement for Staples to acquire PNI for approximately $67.8 Million USD.

PNI Digital Media's software platform is used to sell millions of personalized products every year including photo prints, photo books, calendars, business cards, documents, wedding invitations, stationery and much more. More than 30,000 retail locations are connected to the PNI Digital Media Platform.

“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,” said Kyle Hall, Chief Executive Officer of PNI Digital Media. “With the support of Staples, we expect ...[read more]


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