Silverwire

www7.hp.com

Silverwire addressed the digital imaging needs of business customers by providing products such as: photo kiosks, web photo albums, wireless imaging solutions, MMS storage and printing, Internet digital print ordering software, photo CD viewing software and digital workflow solutions for industrial photo labs. The company’s focus was to make it easier for consumers to work with and order prints from digital cameras.

Status end of 2002

• Solid technology in digital imaging software and a wide customer base.
• MCHF 2 revenues.

BUT

• Leadership issues.
• No long term sustainable competitive advantage.

Vinci Capital contribution

• Merger with UK and German competitors to build number one independent market leader.
• In 2005 the merged entity has MCHF 8.1 sales with 35% year on year growth and MCHF 1.2 profit.
• In 2006 Silverwire is on track to achieve sales of MCHF 15 when it is acquired on June 6 by Hewlett-Packard to be integrated into the Retail Photo Solutions Group.