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A further acquisition for EFI

A further acquisition for EFI

EFI has acquired Lector Computersysteme GmbH, a print management information systems (MIS) developer based in Mönchengladbach, Germany.

Lector is a leading provider of German-language MIS software, and the acquisition will strengthen EFI’s MIS leadership position in Europe.

While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI’s Q4 or full-year 2013 results. Lector’s employees have joined EFI and will report to Sean Whelan, Director of EMEA-region operations in EFI’s Productivity Software business.

Commenting on the acquisition, Marc Olin, EFI’s interim CFO and Senior Vice President, and General Manager of the company’s Productivity Software business, said: “Germany has always been one of the world’s largest printing industry markets, so we are pleased to have Lector Computersysteme join EFI.

Frank Mertzbach, founder and former owner of Lector added:  “EFI is a world-class provider when it comes to helping printing companies improve their management operations and profitability and we are pleased to give our customers access to its print MIS software.”

Lector’s MIS products will become part of the EFI Productivity Software family of products and  its  technology will also be integrated with EFI Wide Format and EFI VUTEk superwide format inkjet printers, as well as with EFI Fiery, a leading digital front end platform for Xerox, Canon, Ricoh and Konica Minolta printers and copiers. EFI will also continue to support the existing Lector client base, which comprises approximately 1,000 customers.

For further information visit: www.efi.com.

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