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."