#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 launches SureColor G9000: high-production Direct-To-Film printer delivering greater productivity and reliability

Epson today announces the launch of the SureColor G9000, a new high-production Direct-To-Film (DTFilm) printer designed to meet growing global demand for flexible and efficient textile transfer printing. Expanding Epson’s DTFilm line-up alongside the SC-G6000, the SC-G9000 introduces enhanced speed, reliability and ease of maintenance for commercial garment decorators and textile producers.

Mimaki upgrades TS330 series for vibrant and seamless dye sublimation printing

The TS330 Series now provides users with an extended colour gamut, offering the flexibility to serve different markets profitably from one solution – from fashion to décor to signage – with improved colour vibrancy, fidelity and accuracy. Mimaki also introduces a larger solution to the TS330 Series, the TS330-1800, able to accommodate single-piece, wide textile fabrics, ideal for larger home décor applications.

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

Stäubli demonstrates how innovation translates into real benefits for weaving mills at SITEX 2026

One of India’s most prominent textile industry events, SITEX 2026, is held from February 21 to 23 in Surat. Committed to empowering Indian weaving mills with state‑of‑the‑art solutions tailored to regional needs, Stäubli will present a selection of solutions designed for performance, reliability, and power efficiency. Through its weaving preparation, cam and dobby shedding solutions and Jacquard technologies, Stäubli highlights its global expertise tailored to the specific needs of the local market.

Itema exhibits the two best-selling high-end rapier weaving machines of the Region, R9500EVO and Galileo-RX at SITEX 2026

Following the opening of its new Surat Service Center in November, Itema will exhibit at SITEX (Stand 286) from February 21st to 23rd at the Surat International Exhibition and Convention Centre (SIECC). Surat has long been one of Itema’s most strategic markets, a role further reinforced by the inauguration of the Surat Service Center last November. Equipped with an advanced electronic repair center, a weaving machine behavior simulator, and a local spare parts warehouse, the new facility strengthens Itema’s presence in the region while bringing the company even closer to its Customers.

The hub of smart and sustainable transformation in yarn technologies: ITM 2026

With global fiber production projected to reach 169 million tons by 2030, yarn manufacturing is becoming one of the most strategic fields within the textile machinery industry. Located in Halls 6, 7, and 10, the Yarn Hall at ITM 2026 is set to bring together industry professionals with innovative solutions developed around automation, energy efficiency, digitalization, and circular production.