Epson Acquires Fiery in $568.7 Million Deal
Seiko Epson Corp. has announced the completion of its acquisition of Fiery, LLC, a longstanding and prominent provider of DFEs and workflow solutions for the print industry. The transaction, valued at $568.7 million (approximately JPY 85.3 billion), was finalized on Dec. 2, 2024. Fiery will continue to operate independently under its current name and organizational structure.
Industry Impact
For all printing sectors, including label and package manufacturing, this acquisition is significant. In Sept. 2024, Yasunori Ogawa, president and representative director, Epson, discussed that the complementary nature of both Fiery and Epson’s businesses is expected to drive further growth in the markets they serve but also play a larger role as an accelerator in “the digital transformation of the analog printing market in an innovative way.”
Future Outlook
Epson announced plans to include Fiery in the company’s consolidated financial results from the third quarter of the fiscal year ending March 31, 2025. Interestingly, Epson announced the impact of this acquisition on Epson’s future business performance is again under scrutiny, but Epson also said it would promptly share news of any organizational changes that should be publicly announced.
Hints of Long-Term Strategy
Previous conversations Packaging Impressions has had with Toby Weiss, CEO of Fiery, have indicated that Epson’s acquisition of Fiery aligns with both companies’ broader goals of innovation. Ogawa’s comments in Sept. 2024 about Epson’s ambition to change “the analog printing market in an innovative way,” along with Epson’s announcement in March 2021 renewing its Environmental Vision 2050, hint at the now-completed acquisition possibly playing a role in Epson’s strategy to develop more efficient and environmentally friendly printing solutions.
As editor-in-chief of Packaging Impressions — the leading publication and online content provider for the printed packaging markets — Linda Casey leverages her experience in the packaging, branding, marketing, and printing industries to deliver content that label and package printers can use to improve their businesses and operations.
Prior to her role at Packaging Impressions, Casey was editor-in-chief of BXP: Brand Experience magazine, which celebrated brand design as a strategic business competence. Her body of work includes deep explorations into a range of branding, business, packaging, and printing topics.
Casey’s other passion, communications, has landed her on the staffs of a multitude of print publications, including Package Design, Converting, Packaging Digest, Instant & Small Commercial Printer, High Volume Printing, BXP: Brand Experience magazine, and more. Casey started her career more than three decades ago as news director for WJAM, a youth-oriented music-and-news counterpart to WGCI and part of the Chicago-based station’s AM band presence.
