Epson to acquire Fiery
Summary
The Japanese printer manufacturer said it entered into an agreement yesterday (18 September) with affiliates of Siris Capital Group to acquire all interests in US company Fiery, which provides digital front-end servers and workflow products for the print industry. After the acquisition, Fiery will become part of the Epson group, but retain its current name and organisational structure, and continue to operate from its existing offices. Epson said Fiery’s software, server, and workflow products would complement its strategic vision and hardware expertise “to accelerate the growth of digital printing around the world”. He commented: “Epson’s acquisition of Fiery showcases the uniquely important role we play in enabling success across the entire print industry. DC Advisory ran a targeted and global auction process to secure the sale of Fiery, and along with UBS Investment Bank acted as exclusive financial advisors to EFI and its shareholder Siris Capital in connection with the sale to Epson.