[pageLogInLogOut]

#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.


More News from Electronics for Imaging, Inc. (EFI)

#Digital Printing

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.

More News on Digital Printing

#Texprocess 2026

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.

#Digital Printing

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.

#Digital Printing

Kornit Digital redefines apparel production for the on-demand era unveiling Atlas MATRIX at Konnections 2026

Kornit Digital Ltd. (NASDAQ: KRNT, “Kornit Digital”, “Kornit”, or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production, today unveiled its Atlas MATRIX at Konnections 2026, redefining apparel production in the on-demand era.

#Digital Printing

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

Mimaki Europe, a leading manufacturer of industrial inkjet printers and cutting plotters, announces the TxF300-75Plus, an upgraded model within its high-productivity direct-to-film (DTF) printing portfolio. Following on from the success of the original TxF300-75, this enhanced version reflects Mimaki’s commitment to continuously evolving its solutions to meet the changing demands of the market.

Latest News

#Techtextil 2026

Techtextil & Texprocess 2026: Global benchmark for textile innovation – Performance Apparel Textiles takes centre stage at the opening

With 1,700 exhibitors from 54 countries, Techtextil and Texprocess 2026 showcase the full range of innovation within the international textile industry – from new materials and recycling technologies to finishing solutions and high-performance textile manufacturing and processing technologies. The opening press conference centred on a key theme where innovation is especially strong: Performance Apparel Textiles.

#Recycled Fibers

Circulose and CTA announce collaboration to enable lyocell fibers using CIRCULOSE® pulp

Circulose has announced an agreement with China Textile Academy Green Fibre (CTA) to offer lyocell fibers produced using CIRCULOSE® pulp. Producing lyocell from recycled pulp at commercial scale is an important step in making textile-to-textile recycled materials available across a wider range of textile applications.

#Heimtextil 2027

Heimtextil celebrates Milan Design Week honoring partnerships with Patricia Urquiola and Alcova Milano

Heimtextil is represented at Milan Design Week with its strong design partners Patricia Urquiola and Alcova. At Villa Pestarini, the leading trade fair spotlighted its dynamic collaborations with acclaimed designer Patricia Urquiola and Alcova Milano.

#Textile processing

NATULON® zipper series surpasses 50% of YKK’s global zipper sales

YKK Corporation (Headquarters: Chiyoda-ku, Tokyo; President: Koichi Matsushima; hereafter, YKK) announces that the global sales share of its NATULON® zipper series—zippers that incorporate recycled materials—has exceeded 50%.

TOP