Electronics for Imaging Inc. (EFI; Fremont, CA) has announced the completion of its acquisition by an affiliate of Siris Capital Group (New York) for approximately $1.7 billion.
The transaction was previously announced on April 15, and was approved by a shareholder vote on July 15, with 72.2% of EFI’s outstanding shares and 99.7% of voted shares in favor of the transaction.
“This acquisition marks a new, exciting path forward in EFI’s 30-year history as a digital imaging technology leader,” said EFI CEO Bill Muir. “With Siris’ partnership, we will look to create new opportunities for our customers, partners, and EFI employees worldwide.
For more information, visit efi.com.