UPFRONT

Presstek Finishes Precision Deal

HUDSON, NH—Digital imaging solutions provider Presstek has closed on a deal to acquire Precision Lithograining of South Hadley, MA, for $12.3 million in cash. Precision Lithograining was one of the largest independent plate manufacturers in North America and Presstek's manufacturing partner for its Anthem and Freedom printing plates. The companies will maintain their respective operations, with Precision Lithograining operating as a wholly owned subsidiary of Presstek.