EFI & Fiery reach Inèdit acquisition agreement
Fiery is set to acquire all interests in Inèdit Software.
Electronics For Imaging announced that it has signed an agreement for Fiery to acquire all interests in Inèdit Software, a RIP and color management software company. EFI Reggiani will continue its strong working relationship with Inèdit as an OEM partner.
According to Fiery, Inèdit’s software products, including neoStampa, neoTextil, and neoCatalog will enable it to broaden its suite of solutions targeted at the digital textile and specialty printing markets.
“Fiery is a key OEM partner for EFI, supplying RIPs and color management tools for our packaging and display graphics businesses,” said Frank Pennisi, EFI’s CEO. “With this transaction, Fiery will now support our textile business as well, enabling EFI to focus on its core businesses of systems, production software, and ink.”
Pennisi continued, “In addition, as part of Fiery, Inèdit will be able to take advantage of additional growth opportunities. We believe this transaction brings strong benefits to both companies while ensuring continued availability of software products that are important to the textile printing industry.”
Fiery plans to continue with the leading Inèdit brand as an independent product suite, supporting current and prospective partners and customers with its software development capabilities and understanding of the digital textile printing industry.
Financial details and a timeline for completion of the transaction are not available at this time.
