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#Digital Printing

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.


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#Digital Printing

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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.

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#Digital Printing

Mimaki takes DTF performance to the next level with TxF300-75Plus

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#Digital Printing

Former ASOS CEO Nick Beighton joins Kornit Digital to help shape the future of on-demand fashion

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#Digital Printing

FESPA confirms participation from leading exhibiting suppliers and brands for inaugural textile event

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#Digital Printing

UK Manufacturer Basic Prints commits to digital-first production model with dual investment in Kornit Digital’s Apollo

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#Techtextil 2026

AI, Start-ups, Research: Techtextil and Texprocess bring together players in the textile industry

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#Techtextil 2026

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#Man-Made Fibers

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#Raw Materials

New study shows low environmental impact by Cotton made in Africa Organic Cotton from Tanzania

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