PNI Digital Media
{{Multiple issues|
{{advert|date=July 2015}}
{{Refimprove|date=May 2009}}
}}
{{Infobox company
| name = PNI Digital Media, Inc.
| logo = PNI photo 317.jpg
| type =
| traded_as =
| predecessor =
| successor =
| founder =
| defunct =
| fate =
| area_served =
| key_people =
| industry = Online, kiosk and mobile software that enables retailers to offer personalized products
| products =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| footnotes =
| intl =
| caption =
| foundation = {{date and age|1995}}
| location_city = Vancouver, British Columbia
| location_country = Canada
| location =
| locations =
| homepage = {{URL|www.pnimedia.com}}
}}
PNI Digital Media, Inc. is a company that operates an enterprise-class e-commerce platform which allows retailers to provide print-on-demand personalized products and services to their customers. Retailers who license the PNI platform use PNI's software to offer photo prints, photo gift merchandise, small business marketing products, document printing services and other print-on-demand merchandise.{{Cite web|url=http://www.pnimedia.com|title=Home|website=PNI Media|language=en-US|access-date=2017-03-02}}{{Cite news|url=http://betakit.com/staples-to-acquire-vancouvers-pni-digital-media-for-74-million/|title=Staples to Acquire Vancouver's PNI Digital Media for $74 Million|work=BetaKit|access-date=2017-03-02|language=en-CA}}
Large companies like Costco, Sam's Club and Staples use PNI Digital Media's software platform to allow customers to create and order personalized products such as photo prints, photo books, canvas prints, photo calendars, greeting cards, invitations, business cards, signage and documents.{{Cite web|url=http://www.bctechnology.com/companies/PNI-Digital-Media-Inc.cfm|title=PNI Digital Media Inc. Profile on T-Net|website=www.bctechnology.com|access-date=2017-03-02}}{{Cite news|url=https://www.biv.com/article/2014/7/staples-inc-completes-74-million-acquisition-of-va/|title=Staples Inc. completes $74-million acquisition of Vancouver's PNI Digital|work=Business In Vancouver|access-date=2017-03-02|language=en}}{{Cite news|url=https://www.biv.com/article/2011/9/whos-who-the-top-25/|title=Who's who – the top 25|work=Business In Vancouver|access-date=2017-03-02|language=en}}
Retailers
The company launched in Vancouver, B.C., in 2001, taking on Walmart Canada as their first major photo site client in 2002. From 2003 to 2007, the company also provided its software platform for photo sites for Costco Canada, Blacks, Chapters, Loblaws and others.
PNI then expanded into the US marketplace by licensing its software platform to CVS Health (then CVS/pharmacy), Costco and Sam's Club, the contracts of which were then lost several years later.
As of February 2017, PNI also licenses its software platform to retailers such as Staples, Staples Canada, Tesco, FedEx Office and Quill. As of June 6th 2022 PNI's only licenses its software platform to Staples US, and has faced severe downsizing, with most offices across the globe being closed down.
History
PNI Digital Media was formerly known as PhotoChannel Networks Inc., and the name was officially changed in June 2009.{{Cite web|url=http://www.marketwired.com/press-release/photochannel-networks-inc-changes-name-to-pni-digital-media-inc-tsx-venture-pn-1000232|title=PhotoChannel Networks Inc. Changes Name to PNI Digital Media Inc.|website=Market Wired}}
On July 11, 2014, the company was acquired by Staples, Inc. for $74 million.{{cite web |title=Staples to buy retail-focused software firm PNI Digital |website=Reuters |archive-url=https://web.archive.org/web/20230719010748/https://www.reuters.com/article/us-pni-digital-offer-staples-idUSBREA440I920140505 |archive-date=2023-07-19 |url-status=live |url=https://www.reuters.com/article/us-pni-digital-offer-staples-idUSBREA440I920140505}}
Commencing July 14, 2015, the online photo centres for Walmart Canada, CVS, Costco, and Rite Aid, all operated by PNI, were investigating credit card fraud.{{Cite web|url=http://petapixel.com/2015/07/21/many-big-photo-printing-websites-now-offline-after-suspected-data-breach/|title=Many Big Photo Printing Websites Now Offline After Suspected Data Breach|date=21 July 2015}}{{cite web
|url=http://krebsonsecurity.com/2015/07/cvs-probes-card-breach-at-online-photo-unit/
|title=CVS Probes Card Breach at Online Photo Unit
|publisher=Brian Krebs |work=Krebs on Security|date=17 July 2015
|accessdate=2015-07-17 }}{{cite web
|url=https://www.theregister.co.uk/2015/07/18/cvs_photo_hack/
|title=CVS shutters photo website in credit-card hack attack scare
|work=The Register
|date=July 18, 2015
|first=Iain |last=Thomson }}{{Cite web|url=http://www.ibtimes.co.uk/cvs-costco-walmart-canada-shut-down-online-photo-services-due-suspected-hacking-attack-1511409|title = CVS, Costco and Walmart Canada shut down online photo services due to suspected hacking attack|date = 18 July 2015}} After being down for several weeks, the photo sites began to be re-launched in September 2015, rebuilt with enhanced security measures.{{Cite web|url=https://consumerist.com/2015/09/08/costcos-online-photo-services-back-up-after-breach-customers-cards-may-have-been-compromised/|title=Costco's Online Photo Services Back Up After Breach, Customers' Cards May Have Been Compromised|date=2015-09-08|website=Consumerist|access-date=2017-03-02}}
Company
PNI has been included in Deloitte's Fast 50 and Fast 500 list, which recognizes Canada's fastest-growing tech firms, in 2009, 2010 and 2011.{{Cite news|url=https://www.biv.com/article/2016/6/bc-tech-companies-four-fastest/|title=B.C. tech companies: four of the fastest|work=Business In Vancouver|access-date=2017-03-02|language=en}}{{Cite web| title=Technology Fast 50 winners | url=https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/technology-media-telecommunications/ca-EN_Fast50_winners_AODA.PDF | archive-url=https://web.archive.org/web/20170303042818/https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/technology-media-telecommunications/ca-EN_Fast50_winners_AODA.PDF | archive-date=2017-03-03}}{{Cite web| title=Deloitte’s 2011 Technology Fast 500 - Connect. Grow. Inspire. | url=https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2011-technology-fast-500-winners-brochure-020515.pdf | archive-url=https://web.archive.org/web/20150301064728/http://www2.deloitte.com:80/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2011-technology-fast-500-winners-brochure-020515.pdf | archive-date=2015-03-01}}{{Cite web| title=Lead. Innovate. Excel. Deloitte’s 2010 Technology Fast 500 | url=https://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2010-fast500-winners-brochure_020515.pdf | archive-url=https://web.archive.org/web/20150326143050/http://www2.deloitte.com/content/dam/Deloitte/us/Documents/technology-media-telecommunications/us-tmt-2010-fast500-winners-brochure_020515.pdf | archive-date=2015-03-26}} The company also has been included in the list of Canada's Top Employers in 2015, and BC's Top Employers in 2016.{{Cite web|url=http://www.canadastop100.com/bc/|title=British Columbia's Top Employers (2016)|last=Employers|first=BC's Top 100|website=www.canadastop100.com|language=en-US|access-date=2017-03-02}}{{Cite web|url=http://www.canadastop100.com/national/|title=Canada's Top 100 Employers (2017)|last=Employers|first=Canada's Top 100|website=www.canadastop100.com|language=en-US|access-date=2017-03-02}}
See also
References
{{reflist}}
- {{Cite web | title=Overnight marketed deal garners $6.5-million for PNI Digital Media {{!}} Financial Post | url=http://business.financialpost.com/news/fp-street/overnight-marketed-deal-garners-6-5-billion-for-pni-digital-media | archive-url=https://web.archive.org/web/20150721192712/http://business.financialpost.com/news/fp-street/overnight-marketed-deal-garners-6-5-billion-for-pni-digital-media | access-date=2025-03-31 | archive-date=2015-07-21}}
External links
- {{Official website|http://www.pnimedia.com}}
Category:Companies based in Vancouver
Category:Companies formerly listed on the Toronto Stock Exchange