Fiery has become a company in its own right after being separated out from EFI.
Fiery had been EFI’s long-standing digital front-end (DFE) operation. Both the EFI and Fiery businesses remain under the ownership of Siris Capital Group.
Fiery being separated out follows the divestment of EFI’s productivity software arm to form eProductivity Software (ePS) at the end of 2021. This leaves EFI with its range printers for wide format, textile, ceramic and corrugated applications, and other industrial inkjet machines.
Toby Weiss, chief operating officer and general manager of Fiery, will continue to lead the business as CEO of Fiery, with Jeff Jacobson serving as executive chairman of Fiery in addition to his role as executive chairman of EFI. Frank Pennisi, a veteran of the industrial and technology sectors has been appointed chief executive officer of EFI.
Mr Jacobson said, ‘This realignment positions both EFI, now solely focused on digital inkjet for industrial applications, and Fiery, the leading global DFE provider, to win in their independent markets while maintaining the close partnership that has contributed to the success of each business. I have always believed that digital imaging would not be where it is today without Fiery, and its separation from EFI will allow it to best serve customers in the DFE market.’
Mr Weiss said, ‘Fiery solutions have always been about enabling digital print and making print engines better, and this is a milestone in furthering that mission. Fiery OEM partners will benefit knowing that they are working with a company that is completely focused on adding value to their print platforms with world-class colour management, high-performance image processing and automated workflows.’
He continued, ‘Fiery will remain focused on working closely with its OEM partners, including the EFI inkjet business, to continue developing cutting-edge technology that drives the next generation of automation, accuracy and profit potential in digital printing. Fiery now has a greater ability to serve as a neutral partner to ensure OEMs capture success within digital print. We look forward to accelerating our investment as a standalone company, while driving our expanding product portfolio.’
