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Tech Company News: Electronics For Imaging To Acquire Radius Solutions

May 3, 2010 (FinancialWire) — Electronics For Imaging, Inc. (NASDAQ: EFII) said it has reached an agreement to acquire Radius Solutions, a provider of Print MIS solutions for the packaging industry.

While the terms of the acquisition were not disclosed, the cash transaction is expected to be slightly accretive to full year 2010 results. The transaction is subject to various closing conditions.

Radius Solutions, headquartered in Chicago, IL, will become part of the Advanced Professional Print Software division of EFI. EFI intends to integrate a number of its award winning products including Fiery, VUTEk, Jetrion, Digital StoreFront, PrintFlow and Auto-Count, with the Radius product line.

EFI is a world leader in customer-focused digital printing solutions.

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