Copier/Printer News

Copier/Printer News

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...
Printer & Copier News

Printer & Copier News

Xerox CEO in trouble? – A new lawsuit from Darwin Deason and Carl Icahn, who together hold about 15% of Xerox shares, claims that Xerox CEO Jeff Jacobson pursued a $6.1B deal with Fujifilm of Japan, even after the board advised him to halt negotiations,...
Printer/Copier News

Printer/Copier News

Toshiba financial issues update – Notified shareholders that it now expects to report a net loss of $1 billion dollars by end of fiscal year (3/30/18) o Includes taxes related to upcoming sale of its NAND memory chip manufacturing division o This means it...
Headlines from the Copier Industry

Headlines from the Copier Industry

4/28/16 Lexmark Acquired – Lexmark International, Inc. today announced that it has entered into a definitive merger agreement with a consortium of investors led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). – Lexmark will be acquired for...