On Aug. 22, 2011, Gerber Scientific, Inc. was acquired by Vector Capital, a global private equity firm specializing in the technology sector. The take-private transaction was valued at approximately $283 million. CITIC Capital Partners, a leading China based private equity firm, assumes a minority stake in Gerber Scientific alongside Vector.

Gerber Scientific stockholders receive $11.00 per share in cash, plus a non-transferable contractual right to receive additional contingent cash consideration payments if net recoveries are obtained in connection with certain claims for infringement of a Gerber Scientific patent covering “print to cut” technology. Gerber Scientific common stock will be delisted from the New York Stock Exchange.

Gerber Scientific, Inc. serves the apparel and industrial markets through its Gerber Technology segment, the sign making and specialty graphics business through its Gerber Scientific Products business and the packaging industry through Gerber Innovations.