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November 7, 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 contingent upon achieving certain performance targets. The transaction is expected to close in the fourth quarter of 2008. Raster Printers, founded in 2004, offers a line of environmentally-friendly UV wide format printers, currently marketed under the brand name Daytona, targeted to mid-range customers in t...
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