Creo will acquire
Creo Inc., of Vancouver, BC, has announced its pending acquisition of ScenicSoft Inc., a privately held company located near Seattle. 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.
“After working in partnership with ScenicSoft for the last eight years, Creo welcomes ScenicSoft’s market-leading software for layout and imposition into our product range,” stated Amos Michelson, chief executive officer of Creo. ScenicSoft is known for its Preps page imposition layout software for offset printing.