Epson completes Fiery acquisition
December 3, 2024
Epson entered into an agreement with affiliates of Siris Capital Group, LLC (Siris), including Electronics for Imaging, Inc., on 19 September 2024 to acquire all interests in Fiery, LLC (Fiery).
Epson and Fiery each have a long history of supporting customers to maximise their productivity with the use of digital printing technology. Fiery’s products have enabled the exceptional results that printers have relied on for over three decades, and Fiery’s software, server, and workflow solutions will complement Epson’s strategic vision and hardware leadership to accelerate the growth of digital printing around the world.
As previously announced in the notice on the acquisition of equity interest in Fiery, LLC (Specified Subsidiary) dated 19 September 2024, Seiko Epson Corporation had resolved at a meeting of the Board of Directors to acquire all equity interests of Fiery, LLC (Fiery) and making it a subsidiary of the Company.
On 2 December the company hereby announced that the procedures to acquire all equity interest of Fiery held by Electronics for Imaging, Inc. and an affiliate of Siris Capital Group, LLC has completed.
As the amount invested in Fiery is more than 10% of the Company’s capital, therefore, Fiery will become a specified subsidiary of Epson.
Categories : City News
Tags : Acquisition Business Completion Epson Fiery
