EFI Moves to Accelerate Growth in Latin America
Acquires Leading Regional Print ERP Software Provider Metrics Sistemas
FOSTER CITY, Calif., April 11, 2012 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced it has acquired privately-held Metrics Sistemas de Informacao ("Metrics"). Metrics is a leader in ERP (MIS) systems for the printing and packaging industries in Latin America.While financial terms of the transaction were not disclosed, the acquisition is not expected to be material to EFI's 2012 results.
"The addition of Metrics's high-caliber team and the extensive customer base they have built in South and Central America combined with EFI's software portfolio will allow us to provide a higher value proposition to customers, along with creating a platform for EFI to introduce our unique digital eco-system to the region," said Guy Gecht, CEO of EFI. "Latin America is a vibrant market with exciting growth opportunities for the entire EFI portfolio ranging from our Fiery® workflow, to our cloud and customer-hosted ERP software, all the way to our industrial inkjet production printers."
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