EFI to Acquire Entrac, Integrate Its Payment Technology
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FOSTER CITY, CA—July 19, 2011—Electronics For Imaging, a world leader in customer-focused digital printing innovation, announced that it has reached an agreement to acquire privately-held Entrac Technologies. Entrac is a leader in providing self-service and payment solutions for business services including mobile printing. While financial terms of the transaction were not disclosed, the acquisition is not expected to be material to EFI’s 2011 results. The transaction, which is subject to various closing conditions, is expected to close in the third quarter of 2011.
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