EFI announced that it has entered into a definitive agreement to be acquired by an affiliate of Siris Capital Group, LLC (“Siris”) in an all-cash transaction valued at approximately $1.7 billion. The Agreement—unanimously approved by EFI’s Board of Directors—states that a Siris affiliate will acquire all outstanding EFI common stock for $37.00 per share. EFI retains the right to find a better deal within a 45-day window. The entire release can be found at the link.
