#Digital Printing

2019-07-24

EFI announces completion of acquisition

Electronics For Imaging, Inc. ("EFI" or the "Company"), today announced the completion of its previously announced acquisition by an affiliate of Siris for approximately $1.7 billion.

In connection with the closing of the transaction, the Company, which will continue to operate as Electronics For Imaging (EFI), will be wholly owned by an affiliate of Siris, and EFI's common shares will be delisted from the NASDAQ exchange.

"This acquisition marks a new, exciting path forward in EFI's 30-year history as a digital imaging technology leader," said EFI CEO, Bill Muir. "With Siris' partnership, we will look to create new opportunities for our customers, partners, and EFI employees worldwide. We are looking forward to working with Siris to write the next chapter of innovation across our growing portfolio of solutions."

Jeff Jacobson, Siris Executive Partner and EFI Executive Chairman, added, "EFI's portfolio of best-in-class solutions presents an exciting opportunity to drive further growth in high-quality inkjet and integrated, digital workflows. I look forward to working closely with management and know Siris is committed to providing the guidance and support needed to help EFI continue accelerating the transformation of industries where colorful images matter."

The transaction, which was initially announced on April 15, 2019, was approved in a shareholder vote on July 15, 2019 in which 72.2% of EFI's outstanding shares and 99.7% of voted shares were voted in favor of the transaction.

EFI and Fiery, LLC, reach agreement on Fiery acquisition of Inèdit software

Electronics For Imaging, Inc. (EFI™) today announced that it has signed an agreement for Fiery, LLC, to acquire all interests in Inèdit Software, the leading RIP and color management software company serving all brands of digital textile printers worldwide. Inèdit’s software products, including neoStampa, neoTextil and neoCatalog, serve the digital textile and specialty printing markets, and will enable Fiery to broaden its suite of solutions targeted at those markets. EFI Reggiani will continue its strong working relationship with Inèdit as an OEM partner.

Epson future proofs textile printing with Epson Textile Academy 2.0

Technology leader Epson today hosted its second Textile Academy Event at the company’s Textile Innovation Centre in Lutterworth, Leicestershire. Building on the success of its inaugural Textile Academy earlier this year, the event welcomed Textile Design BA students from Nottingham Trent University (NTU) and Loughborough University. The event features workshops designed to enhance student’s practical textile printing skills; corporate and entrepreneurial business acumen; marketing and self-branding; and environmental awareness around the textile industry.

Kornit Digital launches breakthrough footwear solution at ITMA Asia + CITME Singapore 2025

Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production technologies, today announced a major industry milestone: the commercial launch of its groundbreaking digital footwear solution for sports and athleisure markets.

Flying Colours meets Kornit: A new era for garment printing

The print industry is undergoing rapid transformation, driven by demands for speed, sustainability, and limitless creativity. For more than 30 years, Flying Colours, a specialist in artwork and colour separation services for printers worldwide, has been at the forefront of this evolution. Now, partnering with Kornit Digital, the company is demonstrating how decades of screen-printing expertise can unlock the full potential of Mass Digital Production.

EFI Reggiani showcases next-generation digital textile printing solutions at ITMA ASIA + CITME 2025

Textile companies can take full advantage of expanded print opportunities with the ground-breaking new EFI™ Reggiani textile solutions presented at ITMA ASIA + CITME 2025, taking place October 28-31 at the Singapore Expo, Hall 6 – Booth C113. ITMA Asia will be the occasion to announce the enhanced version of EFI™ Reggiani HYPER series. Building on the proven success of its predecessor, the upgraded HYPER delivers higher printing speeds, enhanced connectivity, and outstanding image quality, pushing the limits of productivity and precision even further.

SHIMA SEIKI returns to ShanghaiTex

Leading flat knitting solutions provider SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Hong Kong and Chinese market subsidiary SHIMA SEIKI (HONG KONG) LTD., will exhibit at the ShanghaiTex 2025 exhibition (Booth No.: Hall N3, Booth A20) held in Shanghai, China this month. This marks the return of SHIMA SEIKI to ShanghaiTex after a 14-year hiatus, its last exhibit at the show having been in 2011.

Fraunhofer CCPE presents the “Monomaterial Design Set” – Innovative solutions for circular product design

Composite materials made from different types of plastic often extend the lifetime of products but make recycling more difficult in the circular economy. That is why Fraunhofer CCPE has developed the “Monomaterial Design Set”. This new approach helps to reduce the variety of plastics used in durable products and offers circular solutions for designers and product developers.

arena introduces renewable LYCRA® EcoMade fiber in its latest swimwear collection

Italian swimwear specialist arena has unveiled a new collection that brings sustainability and performance even closer together. Launched on December 4, the line features swimsuits made from recycled nylon and renewable LYCRA® EcoMade fiber — the first time the bio-based spandex has been used commercially in swimwear.