CreoScitex--Inside the Creo Momentum

Under the terms of the agreement, Creo and Prograph will combine e-commerce initiatives into the new business entity. Creo will also contribute $25 million in capital as part of a larger venture capital round led by Mellon Ventures and a number of other financial institutions. In exchange, Creo will acquire an equity position in printCafe Inc. and Amos Michelson, CEO of Creo Products, will join the board of directors of printCafe. printCafe will operate in a close business relationship with Creo, but will maintain its own business structure and identity.