Fiery, a provider of digital front ends (DFEs) and workflow software, has announced that Epson will be acquiring the company from Siris Capital Group. The wholesale purchase acquisition will preserve Fiery as an independent DFE provider and strengthen its industry leadership, according to a release. The transaction is valued at $591 million.
“Epson’s acquisition of Fiery showcases the uniquely important role we play in enabling success across the entire print industry,” says 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. I’d also like to thank Frank and the entire Siris team for their invaluable guidance and expertise.”
By joining Epson, Fiery is better positioned to scale, drive innovation, and continue delivering cutting-edge solutions to its customers while maintaining its independence in areas where the company excels, according to a release.
“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,” says Yasunori Ogawa, president and representative director, Epson. “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.”
A version of this press release was originally published by Fiery.
