Electronics for Imaging, Inc. (EFI) is an international company based in Silicon Valley that specializes in digital printing technology.
In April 2019, EFI announced that it had entered into a definitive agreement to be acquired by Siris Capital Group, LLC in an all-cash transaction valued at approximately $1.7 billion.
[9] The Fiery business unit manufactures its DFEs for specific print hardware manufacturers, including Konica Minolta, Xerox, Canon, and Ricoh,[10] among others, providing custom computer hardware loaded with software – including Raster Image Processor, or RIP, software needed to interpret, render, and design files into color-separated images that the printer can produce.
[14] That has led EFI into the development of industrial single-pass printers that print corrugated packaging; signage; wood flooring and panels; and fiber-cement building materials.
As of May 2022, the Reggiani BOLT was the world's fastest inkjet textile printer, operating at speeds up to 90 linear meters per minute.
EFI's vice president of HR Shared Services, Beverly Rubin, said, "During this assignment, they continued to be paid their regular pay in India, as well as a special bonus for their efforts on this project."
[19] The day before news of the labor violation was reported, the company posted record revenues of nearly $198 million, an 11 percent increase over the previous year.
Mike Honda, Congressman from San Jose and a Democrat, issued a statement that EFI's human resources practices "constitute the most egregious type of wage theft and employee abuse.
Tyler Law, a spokesman for Khanna noted, "The inexcusable exploitation by Electronics for Imaging goes against everything that Silicon Valley stands for.