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Company to sell Foster City facility for $180 million
July 19, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Electronics For Imaging, Inc. (EFI) announced that it has reached an agreement to sell its headquarters building in Foster City, California for $180 million to Gilead Sciences, Inc. The transaction is expected to close in October 2012, subject to various closing conditions. The company will continue to occupy the building for up to 12 months after the closing, and expects to relocate its Foster City operations to a new San Francisco Bay Area location. “We are pleased to seize this oppo...
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