by Copitex Business Machines | Mar 22, 2017 | Boston Printer Sales, Boston Short Term Copier Rental, News, Printer News
Toshiba financial woes update – Nikkei Asian Review newspaper reports that Toshiba is seeking buyers for shares in Toshiba Tec, the division that produces MFPs, printers, and cash registers o “Toshiba Tec’s core business has little connection with the rest of...
by Copitex Business Machines | Apr 28, 2016 | Copier News, Printer News
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...
by Copitex Business Machines | Apr 13, 2016 | Boston Printer Rental, Printer News
April 12, 2016 Lexmark’s software division reorg – In interview with press, Lexmark’s Enterprise Software division’s chief, Reynolds Bish, describes changes made (he came to Lexmark after his company, Kofax, was acquired by Lexmark) – Lexmark software...
by Copitex Business Machines | Mar 8, 2016 | Copier News, Printer News
March 6, 2016 Sharp finally sells out? – Multiple news sources reported that Sharp’s board has accepted an offer of $6.2 billion from Hon Hai Precision (aka Foxconn of Taiwan, which assembles many consumer electronic items, such as Apple iPhones and iPads)...
by Copitex Business Machines | Dec 14, 2015 | Boston Printer Sales, News, Printer News
December 4, 2015 Sharp’s financial situation update – Sharp Corp. has regained $433 million of market value in past week as it was reported that some banks in Japan may forgive Sharp’s loans – Sharp’s debt has mounted to more than 5 times the value of its...
by Copitex Business Machines | Oct 5, 2015 | Copier News, News, Printer News
Toshiba scandal results in record fine -The Tokyo Stock Exchange announced that it has levied a 91.2 million yen fine on the company for its accounting scandal -Also placed its stock on alert, compelling it to file a report outlining the ways it intends to improve its...