EFI Acquires Metrix Software
EFI, a world leader in customer-focused digital printing innovation based in Foster City, Calif., has acquired the Edmonds, Washington-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 more information, visit www.efi.com.