SUPPLIER news

Creo Inc. has signed a definitive agreement to acquire ScenicSoft Inc. ScenicSoft develops and markets software for the publishing and printing industries. Under the terms of the agreement, Creo will acquire ScenicSoft for approximately $9.5 million in a combination of cash, equity and an assumption of liabilities. The acquisition is expected to close within 90 days and is expected to be accretive to Creo's adjusted earnings per share within one year from the close.