Fujifilm battles Xerox

– Xerox’s new CEO, John Visentin, send a letter to Fujifilm stating it spurned a sale to Fujiflim due to an accounting scandal at Fuji
o Xerox called it “massive” and “ongoing” fraud that permeated a key part of the sale.
o Xerox threatened to back out of partnership, where almost all Xerox branded MFPs and printers are made by Fujifilm
o threatened to sell products directly to the Asia Pacific market and compete against Fujifilm
o “No matter what you tell the Japanese media, it is abundantly clear that the bad actor here is Fujifilm, not Xerox,”
o “has concealed from Xerox the true extent of a massive and ongoing accounting fraud….caused by Fujifilm’s own gross mismanagement. The mismanagement and resulting accounting fraud have weighed heavily on our dealings and have cost us both a significant amount of time and money.”
o “we are now moving to begin sourcing product from suppliers other than Fuji, and we intend to do so more and more in the months and years ahead,”
o also disputed an article in which Fuji’s CEO sought to portray Xerox as heavily reliant on Fuji, and unable to survive the demise of their partnership
§ “Nothing could be further from the truth. In fact, it is actually Fuji Xerox, which is responsible for nearly half of Fujifilm’s total revenue, that could potentially suffer ruinous consequences from the loss of over $1 billion of revenue from Xerox, its single largest customer. And legally, there is nothing Fujifilm can do to stop that from happening.”
– Fujifilm counterpunched just hours after Xerox released the letter
o “Fujifilm believes that Xerox breached its agreements with Fujifilm”
o “We are confident that our assertion will be validated through the ongoing litigation.”
o “The letter from Xerox Corp. is the first time we have heard from Xerox since we filed a lawsuit against them last week”
o “Xerox’s argument on Fuji’s accounting issue is wrong.  The accounting issue at Fuji is properly resolved and no longer exists. Moreover, we have completed the audit in all of Fuji Xerox’s operating companies in its territory, including China, by more than one auditing company.”
–  “It is again not a surprise to hear Xerox’s pretense to sell its products directly into the growing Asia-Pacific market,” Fujifilm wrote. “However, realistically speaking, we believe that it would be extremely difficult for Xerox — which does not currently possess any marketing channel in Asia — to build its own channel from scratch.”

Xerox wins school contract

– Award from Erie School District of Pennsylvania
– Advertised as saving $100,000 to $156,000 a year over five years.
– The $2 million, five-year contract with the Ohio-based ComDoc Inc., a Xerox subsidiary
– includes more than 25 million copies a year
– eliminating the use of desktop printers with their expensive ink cartridges.

Xerox gives out recognition to dealers

– Xerox has a new designation for high-performing managed print services dealers
– Named as Accredited Master Elite MPS Partner
o JustTech in LaPlata, Md.
o Benchmark Business Solutions Inc.
o Excel Office Services
o Office Depot Inc
o Parmetech Inc.
o XMC Inc.

Xerox offers new universal print driver

– Now offering for free download the “Global Print Driver v4”
– Supports Xerox and non-Xerox printers for MS Windows 10
– Real time feedback on consumable levels
– Paper tray status
– Job queue statistics
– Print job status

Toshiba no penalty for accounting issues

– Toshiba announced that the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company
– “We understand that all SEC investigations regarding our accounting have been completed,” a spokesman told Reuters, adding that there was no penalty or censure.

Toshiba MPS now covers label printers

– Toshiba announced the expansion of its Encompass managed print services (MPS) program to include Toshiba and other OEM thermal barcode printers
– now supports thermal barcode print fleets with OEM-branded parts, labeling supplies and full-service maintenance.

Sharp buys dealer in Texas

– announced it has acquired American Business Machines (ABM) in Houston, Texas, formerly a dealer for Ricoh, Epson, Kyocera and HP
– ABM will operate under the name of Sharp Business Systems – Houston.
– employees of ABM, led by founder Charles Brogna, have been asked to join the Sharp team
– reporting to Anthony Sci, Senior Vice President of Sharp Business Systems
– Sharp now has 16 branches in 51 locations

Sharp’s parent cancels share plan

– Hon Hai Precision of Taiwan (aka Foxconn) announced it has cancelled plans for its Sharp division to issue new shares worth around $1.8 billion
– Cited escalated trade battle with U.S. and China

Sharp shipping new production color

– The MX-7090N and MX-8090N are a refresh of Sharp’s light production line
– new models have increased copy and print speeds of up to 80ppm and scan speeds of up to 200ipm
– replaced the MX-6500 and MX-7500
– includes improved color consistency for longer-run jobs
– 15.4” color LCD touchscreen control panel
– can be configured to feature a 13,500 sheet capacity
– edge-to-edge print, so trimming isn’t required for 20-page booklets.
– Finishing options include:
o saddle stitching
o curl correcting
o GBC SmartPunch

 

Ricoh offers new cloud solutions

– announced new Cloud Workflow Solutions portfolio
– portfolio consists of three distinct categories:
o Cloud Connectors: predefined workflows that can be leveraged to streamline processes
§ extend device functionality by providing connectivity to many cloud-based applications
§ zero-configuration scan to email functionality
§ mobile printing
§ enterprise-class OCR
o Cloud Workflows: designed for customers that require unique workflows and advanced document processing
§ multi destination routing
§ auto file name and folder creation for scans
§ QR code processes for batch scanning and routing
o Cloud Services: sophisticated workflows and applications that can extract content from documents
§ integrate with cloud-based line of business applications
§ create multiple data routes
§ -based approaches.
– offerings also include full audit logging and tracking
– fully-encrypted information transmission

Ricoh launches new production color inkjet

– announced the new Pro VC70000 production color inkjet system
– continuous feed platform
– prints at speeds up to 492 ft/min, producing nearly 130,000 A4/letter impressions per hour
– piezo crystal drop-on-demand printheads
– 1200×1200 dpi resolution
– supports uncoated, offset-coated, inkjet treated or inkjet-coated papers

Hyland Software expands offices

– has completed the most recent expansion at its global headquarters in Westlake, Ohio
– expansion added a third wing to Hyland’s Research and Development Center
– bringing the total footprint of its headquarters to 433,500 square feet on 61 acres.
– home to nearly 1,900 of Hyland’s more than 3,400 total employees
– three-building campus features an outdoor walking trail, basketball and tennis courts, two gyms, three diners, two salons, an arcade and a newly expanded Montessori-based daycare
– The expansion adds:
o 450 new workspaces
o State-of-the-art training facilities
o eight new training rooms
o Customer Experience Center
o Outdoor courtyard

Lexmark being scrutinized by feds?

– According to report in Bloomberg News, Lexmark may be under scrutiny as it was named in a report published by the U.S. Department of Homeland Security.
– Security concerns as Lexmark is now owned by Ninestar of China (fka Zhuhai Seine Technology Co.), and recently caused Lexmark to lose a printer/MFP contract from the Department of Social Security Administration.
– Lexmark apparently mentioned on page 123 in section entitled; “Technology Transfer and Intellectual Property Rights Theft From China”

Neopost launched production color system

– Launched the MACH 6, designed for production of direct mail and packaging
– Relabeled Memjet color inkjet technology
– 1600x1600dpi
– 7” color LCD touchscreen
– Handles up to 3/8” thick media
– Designed for stuffed envelopes, chipboard, corrugated cardboard and folding cartons
– Top speed of 8000 number 10 envelopes per hour
– Up to 10.5 x 17” sheet size
– Print controller has 60GB hard drive

Landa Digital Printing receives financing

– Completed $300 million equity financing
– Will be used for infrastructure, manufacturing, R&D and market development
– “financing is one of the foundations we are laying for accelerated growth, now that we have started shipping our Nanographic Printing Presses to customers around the world”; stated founder and CEO, Benny Landa

Canon wins production print contract

– Award from the CRD copy shop at University of Hartford in Connecticut
– Installed image PRESS C850 & C650 production color laser systems
– Installed Oce’ VarioPrint 130 production b/w system
– Also included Xante’ Impressia envelope printer, Duplo 350 booklet system (face trim, square spine) and Duplo DC-646 slitter/cutter/creaser

Heidelberg launches new production color

– Now offering the Versafire EV and EP production color laser systems which are relabeled Ricoh Pro C7200 and C9200 series
– Claims to have more than 1600 Versafire systems installed worldwide

HP conducts “print deprivation” experiment

– Included participants from U.S., India and Singapore
– Were challenged to survive just two full days without any printed materials
– Participants admitted that they had very difficult time trying to survive without print

HP wins production print contract

– Award from CompanyBox of
– Installed HP PageWide C500 production color inkjet system
– Used to produce corrugated packaging

Share This

Share this post with your friends!