LOUISVILLE, Ky. (Oct. 31, 2012) — CafePress Inc. today announced the completion of its previously announced acquisition of EZ Prints, Inc., a deployable e-commerce software platform.
On Oct. 25, CafePress closed the merger agreement whereby it purchased all of the outstanding stock of EZ Prints in exchange for approximately $30 million in initial cash. The transaction also includes a single year earn-out opportunity of up to $10 million in the aggregate based on achieving revenue growth and other performance milestones.
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