Boston Man Convicted of Defrauding Xerox of $6 Million
U.S. District Court Judge Charles J. Siragusa also sentenced Ofstein to five years of probation.
Tagged: Xerox
Digital Book Printing Offers Revenue Opportunity as e-Reader Sales Slow
In the United States, the Association of American Publishers reported that e-book sales declined 18.7 percent over the first nine months of 2016, with paperback sales up 7.5 percent over the same period, and hardback sales up 4.1 percent.
Xerox Expands Partnership with Cisco to Boost Printer and Copier/MFP Security
Xerox also partners with McAfee to provide whitelisting security. With whitelisting, only approved files can run on Xerox MFPs and printers, providing significantly more protection than traditional black-listing tactics that let through all files except those explicitly defined.
Icahn Recruits Former IBM, HP Exec in Continuing Bid to Stop Xerox-Fuji Xerox Merger
In this most recent letter, Icahn argues that there is “tremendous value in a stand-alone Xerox with new management.”
Xerox-Fuji Xerox Merger May be Good for Xerox Shareholders – But Is It Good for Fujifilm?
In the past several weeks, activist investors Carl Icahn and Darwin, who together own about 15.2 percent stake in Xerox,......
Xerox Cloud-Based Managed Print Services for Federal Government
Xerox notes that many federal government agencies close budget gaps with spending cuts. However, it says federal agencies can “save millions” by looking in an unexpected place – document management.
Refuting Icahn, Deason, New Xerox Shareholder Letter Lays Out Benefits of Proposed Merger with Fuji Xerox
Specifically, the revenue and cost synergies identified through this combination include developing a more complete and competitive product portfolio, with enhanced offerings in areas where Xerox is currently underpenetrated such as high-speed inkjet and low-end A3;
Xerox Wins Five-Year Copier/MFP and MPS Contract with U.S. Air Force
Xerox reported today that the United States Air Force has awarded Xerox a five-year contract for supplying copier/MFPs and managed......
Xerox Nemesis Icahn Dumped $31.3 Million Stake in Steel-Related Company (Updated)
Icahn sold his Manitowoc shares for about $32 to $34 each. After Trump’s tartiff announcement, shares of Manitowoc fell to about $26.
Deason Sues to Replace Xerox Board; New Joint Deason-Icahn Letter
“Hope is not a strategy. We cannot just hope for multiple expansion. We cannot just hope for synergies. We cannot just hope that the massive Fuji Xerox accounting scandal will not result in substantial additional liabilities for Xerox. We cannot just hope that Fuji that will treat us fairly once they are in control of our company.”
Xerox Tells Deason: Forget Nominating Any Board Members
Deason, along with billionaire activist investor Carl Icahn, have sought to derail Xerox’s proposed merger with Fuji Xerox, with Fujifilm of Japan having a controlling 50.1 percent of shares, with current Xerox CEO Jeff Jacobson serving as president of the new company. Xerox shareholders will vote on the proposed merger at an upcoming shareholder meeting in May 2018.
This Week in Imaging: A Closer Look at HP SDS and Financials; Deason Demands Xerox Board Members; More
Last week, we focused on the continuing battle between Xerox leadership and two activist investors, Carl Icahn and Darwin Deason,...
Seeking to Derail Xerox Merger, Deason Demands to Nominate New Directors to Xerox Board
Fuji Xerox is Xerox and Fujifilm’s five-decade-old joint copier/MFP venture that focuses on the Asia-Pacific region, which Icahn and Deason argue has a previously undisclosed “crown jewel” lock-up right that gives Fujifilm control over Xerox’s intellectual property and manufacturing rights in the Asia-Pacific market if Xerox sells a 30-percent stake to another suitor, according to Deason’s lawsuit.
This Week in Imaging: Icahn, Deason Say Sell Xerox to Competitor or PE – But Who Would Buy?
This week, the Xerox-Fuji Xerox merger saga continued with a back-and-forth campaign designed to sway Xerox shareholders to either vote...
Epson Sees 12.2 Percent Growth in Worldwide Printer Shipments
Worldwide market relatively flat, but inkjet sees 3.3 percent shipment growth.
U.S. Government Prioritizes Xerox for Cloud-Based Managed Print Services
Xerox reported today that U.S. federal government agencies can soon hire Xerox knowing its Managed Print Services (MPS) solutions have...
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