EFI Buys Pace, Debuts Monarch

LAS VEGAS—The acquisition by EFI of MIS and e-commerce competitor Pace Systems Group for approximately $21 million in cash headlined the announcements made at EFI’s Connect 2008 users conference meeting held at the Wynn Las Vegas this week. The browser-based ePace print management solution will be renamed EFI Pace and will eventually replace EFI’s PSI and Logic platforms (which will still continue to be supported by EFI). The new solution is geared toward the mid-market segment.