The firm, which is also close to tying up its deal for Printcafe, has more than 415m in cash, and chief financial officer Joe Cutts said there were still opportunities for further growth.

There are still plenty of areas we havent exploited, added Cutts. There are some areas in the commercial print space where were talking to companies, and there are still parts of the market we havent attacked, around magazines, newspapers and packaging.

Cutts said the acquisition of T/R would give EFI more presence in cluster printing software for the black-and-white segment.

T/Rs operations and 75 staff will remain in Atlanta for the time being, but Cutts said EFI would be reviewing staff numbers as the firms operated in similar areas.

Meanwhile, EFIs acquisition of Printcafe should be tied up by the end of October, slightly later than planned. But Cutts saw no problems in completing the deal. The US Securities and Exchange Commission has approved the companies

S-4 filing and EFI hopes to send out a proxy to shareholders by the end of next week.

EFI has also doubled its earnings forecast for the third quarter, mainly due to success in the office market and the completion of the Printcafe deal running into the fourth quarter.

Cutts also hoped that this months Graph Expo show in Chicago would stimulate the commercial print sector. EFI will launch two server platforms at the show.

Story by Gordon Carson