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The cost of the acquisition is $568.7 million, with Fiery, LLC now a subsidiary of the company.
December 4, 2024
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
As previously announced on Sept. 19, 2024, Seiko Epson Corporation had resolved at a meeting of the Board of Directors to acquire all equity interests of Fiery, LLC and making it a subsidiary of the company. The company hereby announces that as of Dec. 2, 2024, the procedures to acquire all equity interest of Fiery held by Electronics for Imaging, Inc. and an affiliate of Siris Capital Group, LLC has completed. As the amount invested in Fiery is more than 10% of the company’s capital, therefore, Fiery will become a specified subsidiary of the company. The cost of the Dec. 2, 2024 acquisition is $568.7 million (approximately JPY 85.3 billion).
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