Latest Acquisition further expands EFI's MIS market share in North America
FREMONT, Calif. - Electronics For Imaging, Inc. (Nasdaq:EFII) today announced that it has acquired privately held CRC Information Systems ("CRC"), a Reynolds and Reynolds company. Reynolds and Reynolds is headquartered in Dayton, Ohio. CRC, which is based in Scottsdale, Ariz., is a provider of business management information systems (MIS) for commercial printers and packaging label and forms printers throughout the United States and Canada.
While financial terms of the acquisition were not disclosed, it is not expected to be material to EFI's Q2 or full year 2017 results.
"We are excited to welcome CRC customers and employees into the EFI family," said Jeff White, general manager, SMB Segment, in the EFI Productivity Software business unit. "We intend to continue to meet the needs of CRC's existing client base with the same enthusiasm they have come to expect over their years in business, while offering those customers access to the full EFI portfolio."
"We are very excited to join the EFI family and are confident in the additional value they can bring to our customers," said Erv Ratazak, manager, Product and Services, CRC Information Systems.