NEWS -- FOR IMMEDIATE RELEASE
FOSTER CITY, California -- October 16, 2013 – EFI™ (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced that it has acquired the Edmonds, Wash.-based automated print planning and imposition technology company operating as Metrix Software.
While financial terms of the acquisition were not disclosed, the acquisition is not expected to be material to EFI’s Q4 or full-year 2013 results. The Metrix team has joined EFI, including Metrix CEO and founder Rohan Holt, who is now director of EFI Metrix products.
“EFI and Metrix have had a positive working relationship for several years,” said Marc Olin, EFI’s interim CFO and senior vice president and general manager of the company’s Productivity Software business.
“Adding the Metrix team’s exceptional talent and technical know-how helps us drive innovation even further, ensuring that EFI customers can continue to reduce the cost and improve the profitability of their printing operations.”
EFI will be continuing development and customer support activities for all of Metrix’s software products. Metrix’s technology offering will also expand to serve as an integrated impositioning module for EFI’s Pace™ MIS product. Over time, Metrix’s technology will also become integrated with EFI’s other MIS and ERP workflow offerings. EFI plans on continuing Metrix’s existing reseller and channel arrangements.
“EFI is the leader in print production workflow and I know our worldwide customer base will benefit enormously from the new level of integration with EFI’s products,” said Rohan Holt.
The newest version of Metrix will be introduced later this month at the 2013 SGIA Expo in Orlando, Fla., in booth 462.
For additional information about EFI Productivity Software, visit www.efi.com or contact 800-875-7117.
About EFI
EFI™ (www.efi.com) is a worldwide provider of products, technology and services leading the transformation of analog to digital imaging. Based in Silicon Valley, with offices around the globe, the company’s powerful integrated product portfolio includes digital front-end servers; superwide, wide-format, label and ceramic inkjet presses and inks; production workflow, web to print, and business automation software; and office, enterprise and mobile cloud solutions. These products allow users to produce, communicate and share information in an easy and effective way, and enable businesses to increase their profits, productivity, and efficiency.
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