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As consideration for the transaction, IBM will receive $725 million in cash upon closing, which includes a management fee of $35 million.
The general manager of IBM’s Printing Systems Division, Tony Romero, will head the new company as president and CEO.
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FOSTER CITY, CA—EFI’s ColorproofT XF proofing solution now supports the HP Designjet Z2100 and Z3100 series color printers, which have embedded spectrophotometers.
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