FOSTER CITY, Calif., Oct. 16, 2013 (GLOBE NEWSWIRE) -- 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.
"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," said Marc Olin, EFI's interim CFO and senior vice president and general manager of the company's Productivity Software business."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. 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. Follow EFI Online: Follow us on Twitter: @EFI_Print_Tech Find us on Facebook: www.facebook.com/EFI.Digital.Print.Technology View us on YouTube: www.youtube.com/EFIDigitalPrintTech The Electronics For Imaging, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7332 Safe Harbor for Forward Looking Statements Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release that could be deemed forward-looking statements include, but are not necessarily limited to, statements regarding the impact of the acquisition on EFI's Q2 2013 and full year 2013 results, expansion of our product portfolio, our future product offerings to Metrix Software customers, integration of Metrix Software, continuation of support to the existing Metrix Software client base, and any statements or assumptions underlying any of the foregoing.
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