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A recent share-swap between Vancouver, B.C.-based Creo Products Inc. and Israel's Scitex Corp. has created a global giant in the market for digital pre-press printing equipment.
The deal--valued at US$537-million--gives Scitex 27 per cent of Creo's shares, making it the largest shareholder in the 17-year-old company.
The new graphic arts group--tentatively named Creo/Scitex--combining the pre-press operations of Scitex and Creo--will operate as...