Gilead Completes Acquisition of Building and Associated Land from EFI
FOSTER CITY, Calif.--(BUSINESS WIRE)--Gilead Sciences, Inc. (Nasdaq:GILD) today announced that the company has completed its acquisition from Electronics For Imaging, Inc. (Nasdaq:EFII) of a building located at 301 Velocity Way and adjacent land in Foster City, California.
The acquisition, which closed today, covers the existing 301 Velocity Way building of approximately 163,000 square feet and approximately 30 acres designed to accommodate up to an additional 542,000 square feet of office space. The 301 Velocity Way building and associated land border Gilead's Foster City campus, the company's headquarters since 1988.
About EFI
EFI is the world leader in customer-focused digital printing innovation. EFI's award-winning solutions, integrated from creation to print, deliver increased performance, cost savings and productivity. The company's robust product portfolio includes Fiery® digital color print servers; VUTEk® superwide digital inkjet printers, UV and solvent inks; Rastek UV wide-format inkjet printers; Jetrion® industrial inkjet printing systems; print production workflow and management information software; and corporate printing solutions.
About Gilead Sciences
Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company's mission is to advance the care of patients suffering from life-threatening diseases worldwide. Headquartered in Foster City, California, Gilead has operations in North America, Europe and Australia.
For more information on Gilead, please call the Gilead Public Affairs Department at 1-800-GILEAD-5 (1-800-445-3235) or visit www.gilead.com.