Seiko Epson Buys Fiery

     Fiery, LLC, an innovator of digital front ends (DFEs) and workflow software, has been acquired by Seiko Epson Corporation in a transaction valued at approximately $569 million. The seller was Siris Capital Group, LLC, which had acquired Fiery as part of Siris's take-private acquisition of Electronics for Imaging, Inc. ("EFI") in 2019. Under Siris' ownership, Fiery separated from EFI in 2021 to become an independent company. The deal closed December 2.

     Fiery will continue to operate as an independent provider of DFEs and workflow solutions.

     "Epson's acquisition of Fiery showcases the uniquely important role we play in enabling success across the entire print industry," said Toby Weiss, CEO of Fiery. "Fiery has a demonstrated track record of empowering OEM partners to deliver the best possible results for its customers, and we look forward to building upon this legacy with Epson and our valued partners."

     Said Yasunori Ogawa, president and representative director, Epson: "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 an innovative way. Together with Fiery, we remain committed to contributing to our customers' success and enhancing corporate value as we pursue new opportunities in the evolving printing landscape."