This Week in Imaging: Lenovo to Sell Lexmark Printers? A Look at Apex’s Lexmark Acquisition
The big news of course this week is an agreement by Apex Technology and other investors to purchase Lexmark International......
Category: Financial News
EFI: Record First-Quarter Revenue of $234 Million, up 20 Percent
This week, Electronics For Imaging (EFI) reported results for the first quarter of 2016, reporting record first-quarter revenue of $234.1 million,......
Apex Technology and PAG Asia Capital to Acquire Lexmark for $3.6 Billion; ‘Business as Usual,’ but Asia Expansion Seen
After months of speculation that it would be acquired by various companies – including Konica Minolta, Canon, Ricoh, Lenovo, and......
Lenovo Reportedly Negotiating Purchase of Lexmark
Channel News reports that, according to unidentified sources, the world’s number-one PC maker, China’s Lenovo, is in talks to purchase......
Foxconn Takes Controlling Interest in Sharp in Reduced Buyout
After months of speculation, and a last-minute delay, Bloomberg News reports that Foxconn has finally acquired Sharp Corporation of Japan. Foxconn......
This Week in Imaging: Managed Print Services Losing its Luster?; Kodak Seeking to Sell PROSPER Inkjet
Are Managed Print Services (MPS) programs losing their luster? While analysts have endlessly written about MPS – extolling MPS benefits......
On Heels of $75 Million Loss, Kodak Seeking to Sell PROSPER Enterprise Inkjet Business
Eastman Kodak reported results for its fourth-quarter 2015, as well as full-year 2015, with a net loss of $75 million for...
This Week in Imaging: HP’s Latest PageWide Inkjet Campaign; Xerox ConnectKey 3.0
One of the most noteworthy news items this week was HP Inc.’s major refresh of its business-inkjet portfolio and with......
Xerox Obtains $1 Billion Loan from Seven Banks
Xerox reported yesterday that it had secured a $1 billion unsecured loan, to be drawn by April 1, 2016. The......
Office Depot to Close 50 More Stores in the U.S.
According to Office Depot’s latest annual report, it will close about 50 stores in the United States this year. Last...
This Week in Imaging: Scary Times for the Print Industry?; Unique Panasonic Scanner/Toughpad Bundle
Scary times for the print industry? Yes and no. But with a sale of either Sharp Corporation and/or Lexmark International......
Foxconn Backs Down at Last Minute from Purchasing Sharp
The Japan Times reports that Sharp Corporation of Japan yesterday appeared to be accepting a bid from Foxconn of Taiwan,......
Rocky Results for HP Inc.’s First Quarter; Job Cuts ‘Accelerated’
For its inaugural first quarter, HP Inc. reported first-quarter net revenue of $12.2 billion, down 12 percent versus the prior-year......
Slow Quarter for Lexmark; Job Cuts Planned; ‘Positive Interest’ for Possible Sale
Lexmark International today reported financial results for its fourth quarter and full-year-2015. Fourth-quarter 2015 revenue was $969 million, versus fourth-quarter 2015......
Loss for Nuance’s First Quarter, but Revenue Up
Nuance Communications reported a loss of $(12.1) million, or $(0.04) per share for its first quarter that ended on December 31,......
This Week in Imaging: Weak Global Economy Hits Japan Copier Vendors; Epson, Brother Look to Office
You just know this was going to happen if a deal involves Carl Icahn: Nonetheless, we think it’s a good......
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