Gerber Scientific Inc, the parent of Gerber Technology which supplies manufacturing software and systems for the apparel and footwear industry, is to be bought by private equity firm Vector Capital Corp in a deal worth $281.8m.

"We are very excited to open a new chapter in our 60+ year heritage as a technology innovator through our new partnership with Vector," said Donald Aiken, Gerber Scientific chairman.

Amish Mehta, a partner at Vector, added: "The business that Gerber Scientific's team has built, coupled with its great product offerings, makes it an ideal fit for our portfolio of cutting edge technology companies.

"We believe our support, combined with Gerber Scientific's product strategy, employee talent and strong customer relationships will enable Gerber Scientific to further define itself as a leading player in the apparel and Industrial market segment."

Gerber until 25 July to solicit a better offer.