Epson completes Fiery buy

Epson announced that it planned to acquire the digital front-end and workflow software developer in September, in a deal worth USD 568.7-m.

This figure excludes advisory fees and related acquisition costs.

Fiery will be included in Epson’s results from Q3 of its current financial year, which ends on 31 March 2025.

“The impact of this acquisition on our future business performance is currently under scrutiny, and the company will promptly announce any matters that should be publicly announced,” Epson stated.

As the amount invested in Fiery is more than 10% of Epson’s current capital, Fiery will become a specified subsidiary of Epson. Siris became the owner of Fiery when the private equity firm acquired EFI five years ago. Fiery was subsequently spun-off as a separate business in early 2023.

Fiery CEO Toby Weiss will continue to lead the California-headquartered firm under Epson’s larger corporate management structure, alongside the rest of Fiery’s management team.

When the deal was announced Epson president Yasunori Ogawa said Fiery’s software, server, and workflow products would complement its strategic vision and hardware expertise. The Fiery business is expected to drive further growth in Epson’s commercial and industrial printing businesses, accelerating the digital transformation of the analogue printing market.

Fiery’s DFE technology currently drives a multitude of big-name digital printing kit, including Landa, Komori, Canon, Ricoh, Xerox, Riso, Konica Minolta, Kyocera, Mimaki, Roland, Brother, Mutoh – and from its new parent company.

(Source: PrintWeek.com)