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October 15, 2008
By: DAVID SAVASTANO
Editor, Ink World Magazine
EFI has agreed to acquire the remaining interest in Raster Printers it does not currently own for approximately $3 million in net cash proceeds plus an additional cash earn out amount that is contingent upon achieving certain performance targets. The transaction, which is expected to close in the fourth quarter of 2008, is expected to be immaterial to EFI’s revenues and earnings in Q4 2008. Raster Printers, founded in 2004, offers a line of environmentally-friendly UV wide format printers...
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