Subsequent Event

9 Months Ended

Sep. 30, 2015

Subsequent Events [Abstract]

Subsequent Event

15. Subsequent Event

On October 6, 2015, we acquired privately held Corrugated Technologies, Inc. (“CTI”), a privately held company headquartered in San Diego, California, for approximately $8.5 million in shares of EFI stock, resulting in the issuance of 0.2 million shares of EFI common stock, plus an potential future cash earnout contingent on achieving certain performance targets. This acquisition will be accounted for as a purchase business combination and, accordingly, the total purchase price will be allocated to the tangible and intangible assets acquired and liabilities assumed based on their respective fair values on October 6, 2015. CTI will be integrated into the Productivity Software operating segment.

CTI provides manufacturing execution software for the corrugated packaging industry, including business and management capabilities, with a customer base including sheet feeders, sheet plants, and full corrugated box plants. CTI has a world-wide customer base in the Americas, the U.K., Russia, South Africa, Middle East, and Australia.