In Stunning Reversal, Xerox Yields to Deason and Icahn in Far-Reaching Settlement
The new Xerox board will meet immediately to discuss alternatives to the proposed Xerox-Fuji Xerox merger.
Category: Featured Posts
Ricoh Reports ¥135.5 Billion Loss for Fiscal Year
For its fiscal year that will end in March 2019, Ricoh is forecasting that sales will be down slightly (-1.1 percent) and net income of ¥47 billion.
Preliminary Injunction Blocks Proposed Xerox-Fujifilm Deal
Court papers noted: “The lynchpin of the Court’s decision turns on the conduct of Xerox CEO Jeff Jacobson in the time frame preceding the Board’s approval of a transaction that granted control of an American icon company to Fuji without any cash payment by Fuji to Xerox shareholders, and the Board’s acquiescence in Jacobson’s conduct.”
Reflecting Profitable Fiscal Year, Sharp to Pay Dividends For First Time in Six Years
“Considering our earnings, financial condition, and future business growth, Sharp has decided to pay dividends for the first time in six years.”
Canon Inc. Reports First-Quarter Results
Canon says office copier/MFP sales rose versus the same period of the previous year, supported by expanded sales of next-generation color models designed to strengthen the product lineup, such as the A3 (12”x18”) imageRUNNER ADVANCE C5500 series.
HP Updates on New Dealer Progress, A3 Managed PageWides, Accessibility, Security
On April 18th, HP Inc. held an online Webinar for analysts, providing more information on its progress recruiting office-imaging dealers, as well as more information on its new A3 Managed PageWide copier/MFPs for dealers, new Accessibility Assistant, and new printer security, including a new HP Printer Security Plug-In.
New Epson WorkForce Pro ET-8700 Features Two Years’ Worth of Ink, New Compact Design
The WorkForce Pro ET-8700 features Epson’s innovative Replaceable Ink Pack System (RIPS) technology in a new compact form factor, with up to two years of ink included in the box – enough to print up to 16,000 black pages (based on average monthly print volumes of about 450 pages) and 11,000 color pages.
HP Launches New A3 PageWide MFPs with Document Finishing, Expands Printer Security, and More
HP also announced that, following its acquisition of Samsung’s printer business in November 2017, its Suwon, Korea, location is now officially named “HP Printing Korea.”
Kyocera Enters High-Speed Inkjet Production-Printer Market with New TASKalfa Pro 15000c
With print speeds of up to 150 ppm in A4 mode (146 ppm in Letter-size mode), regardless of media type, the firm says that this full-color production inkjet printer is ideally suited for print service providers (PSPs) and customers looking to run medium to large volume print jobs in-house at an attractive price point.
HP Now 3D-Printing Parts for 2D and 3D Printers; Sees Increased 3D-Printer Demand
HP is using Multi Jet Fusion 3D printers in its Print, Personal Systems, and 3D Printing business units.
Quorcirca Survey: ‘Less-Paper’ Office, Security Expertise, Mobile to Lead Office-Imaging Industry
Security expertise will be the leading supplier selection criteria in 2025, according to 58 percent of organisations, increasing from 43 percent in 2017.
Memjet and Canon Announce Global Cross-Licensing Agreement
Back in 2014, Canon introduced its Océ ColorWave 910 wide-format color inkjet printer that is based on Memjet printing technology.
This Week in Imaging: How IKON, Lanier, Savin Acquisitions Have Made a Tough Road for Ricoh
At first it seemed the acquisition of IKON would only be a boon for Ricoh. After all, IKON was said to be the world’s largest independent provider of copier/MFPs, printers, and related services, with over 400 offices in North America and Western Europe, regional sales and service training facilities, a roster of Fortune 500 customers, and revenues of $4,167 million for its fiscal year before it was purchased by Ricoh.
U.S. ITC to Investigate Canon’s Patent-Infringement Allegations Against Third-Party Toner-Cartridge Sellers
Canon filed a patent-infringement lawsuit against Static Control in the U.S. District Court for the Middle District of North Carolina on February 28th, alleging that Static Control’s replacement toner cartridges and imaging drums designed for use in Canon and HP laser printers infringe on Canon’s patents.
Ricoh to Take $1.72 Billion Impairment Loss, Cites Declining North American Business
Last month, Ricoh had forecast operating profit of 20 billion yen for its fiscal year, but is now stating that its operating profit will be a loss of 160 billion yen.
A Closer Look at Canon’s New Third-Generation imageRUNNER ADVANCE Copier/MFP Family
Back in February 2018, Canon U.S.A. announced its imageRUNNER ADVANCE Third-Generation 2nd Edition lineup, which features an emphasis on cloud connectivity......
