EPSON acquires Fiery

Epson has announced it has agreed with affiliates of Siris Capital Group, including EFI, to acquire all interests in Fiery, the U.S.-based DFE and workflow solutions provider. The transaction is subject to customary closing conditions, including required regulatory approvals.
Epson says that both companies have a long history of supporting customers in maximising productivity with digital printing technology. Fiery's industry-leading products have enabled the exceptional results that printers have relied on for over thirty years, 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.

"We are delighted to welcome Fiery into the Epson Group. We are confident that this agreement will not only drive further growth in our commercial and industrial printing businesses but also accelerate the digital transformation of the analog printing market in innovative way. Together with Fiery, we remain committed to contributing to our customer's success and enhancing corporate value as we pursue new opportunities in the evolving printing landscape,” says Yasunori Ogawa, Epson's President and Representative Director.

Toby Weiss, CEO of Fiery, adds, "Epson's acquisition of Fiery showcases the uniquely important role we play in enabling success across the entire print industry. As the leader in DFEs and workflow solutions, Fiery has built a long legacy of empowering OEMs to deliver the best possible results for their customers, and that legacy will be enriched under Epson’s strategic vision. Epson is a legendary company in the print industry, and we are thrilled to join the Epson family to drive the growth of digital printing around the world together."

The acquisition is expected to close within 2024, subject to necessary regulatory approvals and other customary closing conditions. After the acquisition, Fiery will become part of the Epson group, retain its current name and organisational structure and continue to operate from its existing offices.

Frank Baker, Co-founder and Managing Partner of Siris, concludes, "Siris has had an incredible partnership with Fiery, and Epson is the ideal owner to shepherd the company through its continued journey as a mission-critical technology provider to the printer industry."