#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.

Kornit Digital launches Konnections 365

Kornit Digital (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production today announced the launch of Konnections 365 - a year-round movement designed for the people moving the apparel, print, and retail industries forward. The strategy is built on the overwhelming success of Konnections 2026 held in Hollywood, Florida, featuring more than 500 customers, partners, and collaborators who together are driving the future of apparel and textiles.

FESPA’s new textile event set to debut in Barcelona this May

In less than one month, the first edition of FESPA’s new Textile event will take place at the Gran Via, Fira de Barcelona, from 19 – 22 May 2026. Co-located with FESPA Global Print Expo, European Sign Expo, Personalisation Experience, WrapFest and the brand-new Corrugated, each of the events will serve as the ideal meeting point for experts across each field to discover the latest technologies and trends, and explore cross-sector opportunities for business growth.

Kornit Digital expands digital production into footwear and technical textiles with Presto MAX PLUS

Kornit Digital (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production, today unveiled the Kornit Presto MAX PLUS, a new roll-to-roll system expanding digital manufacturing into footwear, automotive interiors, military camouflage, high-performance sportswear, and high-end furnishings. Debuting at Texprocess 2026 in Frankfurt, Presto MAX PLUS enables entirely new applications for on-demand textile production.

Kornit Digital acquires PrintFactory to accelerate the industry’s transition to digital, on-demand production

Kornit Digital Ltd. (“Kornit Digital”, “Kornit” or the “Company”), a global pioneer in sustainable, on-demand, digital fashion and textile production, today announced its acquisition of PrintFactory, a global Netherlands-based technology leader of cloud-native workflow, color management and production automation software. The acquisition represents a strategic step in Kornit’s mission to accelerate the digital transformation of the global fashion and textile industry.

STFI highlights textile circular economy and alternative fibres at INDEX™ 2026

From 19 to 22 May 2026, INDEX will invite visitors to Lake Geneva for the world's leading nonwovens trade fair. The Centre of Excellence in Nonwovens at the Sächsisches Textilforschung- sinstitut e.V. (STFI) will be in attendance to present the latest developments in nonwovens research. In the field of the textile circular economy, the STFI will present acoustically effective nonwovens made from chemical recycling residues. The range also includes innovations aimed at replacing conventional raw materials, such as the biobased and biodegradable polymer polybutylene succinate (PBS) and Kendyr as an alternative to cotton.

FET’s revolutionary gel spinning system wins Techtextil Innovation Award

FET has received the prestigious Techtextil Innovation Award 2026 in the New Production Technology category. The Techtextil Innovation Award honours outstanding ideas in textile technology, sustainability, AI and the creation of technical textiles, selected by an international jury of experts. Ranging from new materials to new production technologies, this award recognises progressive ideas that are driving forces for numerous industries, such as automotive, medical and construction.