Category: Xerox

Deason, Icahn, Urge Xerox Partnership with HP, Apple, Others, Monetization of IP

On April 17th, activist investors Carl Icahn and Darwin Deason, seeking to stop Fujifilm’s acquisition of Xerox for $6.1 billion and the creation of a new combined Xerox-Fuji Xerox, released a detailed presentation, Rescuing and Revitalizing an American Icon, that presents alternatives to the proposed deal.

Xerox Awarded Public-Sector Contract for Supplying Printers, Copier, MPS, Document-Services

The agreement is said to make it simple for agencies to purchase Xerox offerings ranging from single-function desktop printers, to high-end digital presses, managed print services (MPS), software offerings, centralized print services, and workflow automation solutions. The National IPA agreement extends through February 2021.

Icahn, Deason, Accuse Fujifilm, Xerox CEO of Deceiving Xerox Board

In the letter, the two investors, who together hold approximately 15 percent of Xerox shares, state that “Both the substance of the proposed value-destroying transaction and the conflict-tainted process by which it was hatched are an insult to long-suffering Xerox shareholders and make a mockery of well-established corporate governance norms.”

Deason Alleges Xerox CEO Disregarded Board in Pursuing Fujifilm Deal

The battle between Xerox and activist investors Carl Icahn and Darwin Deason has become even more acrimonious, with new amendments to a Deason lawsuit alleging that Xerox CEO Jeff Jacobson pursued a deal with Fujifilm even after Xerox’s board advised him to stop negotiations.

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.

This Week in Imaging: HP Takes Printing from Offices, to Dorm Rooms, Factories, Car-Wrap Shops, and More

As for HP’s new Latex Series R printers announced this week, they’ll be able to print on rigid materials for producing items such as car wraps, wall coverings, canvas prints, outdoor and indoor signs, etc.