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Re: New Xerox CEO calls Fujifilm’s bid to renew merger talks ‘delusional,’ casts shadow over Fuji Xerox venture

Art Post ·
Frak, who is going to blink first? Xerox or Fujifilm Xerox states that they will not renew the 50 year relationship with Fuji-Xerox, Fuji Xerox manufacturers most of Xerox's MFPs. Where would Xerox go for MFP's?
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Re: Icahn warns danger of bankruptcy in Fuji-Xerox deal

Jason H ·
The plot thickens!
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Re: Xerox, HP, Fuji Film, Fuji Xerox "It Just Keeps Getting Curiouser & Curiouser"

dimaxusa ·
Fuji might be the modern version of Konica’s Ikon CPP500 & Danka. What’s old could be new again. But don’t worry, according to all the naysayers, the industry has been dead since copy machines were taught how to print, scan and fax. Yes that right, I said copy machines, not MFP,MFD, XDF or whatever kids are calling them these days. You wanna make $200k per year selling gear, come and move to Wisconsin and we’ll so you the path to what could be...
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Re: Xerox, HP, Fuji Film, Fuji Xerox "It Just Keeps Getting Curiouser & Curiouser"

SalesServiceGuy ·
Xerox floats the idea of buying HP on the same day that the Fuji Xerox/ Xerox tussle seems to be resolved. Does that sound like a coincidence? I think Art hit the nail on the head when he said "In addition they would not have to purchase MFP's from Fuji Film in the future." I think this is Xerox's way of letting Fuji Xerox know that they do not hold all of the cards.
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Re: Xerox, HP, Fuji Film, Fuji Xerox "It Just Keeps Getting Curiouser & Curiouser"

Art Post ·
@SalesServiceGuy yeah that did seem kind of odd, however the Miami Herald did report that HP received a proposal from Xerox late yesterday. Ty for the comment
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Re: Xerox, HP, Fuji Film, Fuji Xerox "It Just Keeps Getting Curiouser & Curiouser"

Art Post ·
@dimaxusa I agree what comes around goes around, will be interesting to see how things pan out. I'm having one of my best years in the business, however the last two months have been terrible. But I'm not ready to give it up, many more good years are still ahead of us
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Re: Xerox, HP, Fuji Film, Fuji Xerox "It Just Keeps Getting Curiouser & Curiouser"

SalesServiceGuy ·
HP's head office is in Palo Alto, California. How could the Miami Herald in Florida, not known as a beacon of copier information and clear across the country, have this kind of information? Did someone at Xerox (?) deliberately leak confidential information to publicize a rumor?
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Who Will BUY Xerox?

Art Post ·
Feel free to enter a comment also!
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Esker and Fuji Xerox Announce Accounts Payable Partnership in Asia-Pacific

Art Post ·
LYON, France & MIDDLETON, Wis.--(BUSINESS WIRE)--Feb 13, 2019--Esker, a worldwide leader in AI-driven document process automation solutions and pioneer in cloud computing , announced today that Fuji Xerox , a leading solutions provider in document services and communications, will market Esker’s cloud-based Accounts Payable automation solution as part of Fuji Xerox’s offering to optimize accounts payable (AP) management processes in Japan, and soon in Australia, Hong Kong and Singapore.
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Xerox Investors Say Fuji Will Pounce If Merger Stop Lifted

Art Post ·
Xerox Investors Say Fuji Will Pounce If Merger Stop Lifted By Alison Noon Law360, New York (September 25, 2018, 7:12 PM EDT) -- Counsel to Xerox Corp. shareholders urged a Manhattan trial court on Tuesday to continue blocking an abandoned merger agreement with Fujifilm Holding Corp. once valued at $6.1 billion, saying a change... read the rest here
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Embattled Fuji Xerox cuts NZ losses, rebuilds after financial scandal

Art Post ·
Fuji Xerox's New Zealand business recorded a reduced loss before tax of $12.4 million in its 2018 financial year compared with $14.9 million in 2017. In New Zealand, Fuji Xerox operates as two legal entities – Fuji Xerox New Zealand Limited and Fuji Xerox Finance Limited. The embattled vendor, which remains excluded from some government contracts after a $450 million sales and accounting scandal that originated in New Zealand, reported positive operating cash flows and an improved working...
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Fujifilm threatens to compete against Xerox if partnership not renewed

Art Post ·
(Reuters) - Fujifilm Holdings Corp ( 4901.T ) on Wednesday threatened to compete against Xerox Corp ( XRX.N ) in Asia-Pacific and challenge it in America and Europe if it failed to renew its technology agreement in 2021. Xerox had said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm and may not renew the agreement with the 56-year-old joint venture Fuji Xerox. In a letter to Xerox’s newly appointed Chief Executive Officer, John Visentin,...
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Fujifilm now suing Xerox for over $1 billion

Art Post ·
In the ongoing “melodrama” between industry giants Fujifilm and Xerox, Fujifilm Holdings Corporation is suing Xerox Corporation for breach of contract and estimated damages of more than $1 billion after Xerox walked away from a planned merger earlier this year. Though Xerox appeared to reach an agreement with its dissident investors Carl Icahn and Darwin Deason last month to end the deal it had in place with Fujifilm, apparently it’s still fighting with Fujifilm over the merger the pair...
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Xerox says to lower dependency on Fujifilm, seek new vendors

Art Post ·
( Reuters) - Xerox Corp said on Monday it would start sourcing products from new vendors to lower its dependency on Fujifilm Holdings Corp and may not renew its technology agreement with the 56-year-old joint venture Fuji Xerox. Fujifilm sued Xerox last week for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger agreed in January. In a letter to Fujifilm Chief Executive...
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Xerox shareholders stay silent, dashing Fujifilm's hopes of deal

Art Post ·
TOKYO -- Xerox stakeholders failed to speak up in favor of an acquisition by longtime partner Fujifilm Holdings at a general meeting Tuesday, dimming the Japanese company's prospects of fighting the activist investors opposing the deal. The Tokyo-based photography and imaging company's focus now shifts to appealing an injunction placed on the deal in April by a U.S. court. Under the original agreement, the American office machine maker would have taken over joint venture Fuji Xerox, and...
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Intertype in Australia: First With Color-Logic on Fuji Xerox Iridesse

Art Post ·
PRESS RELEASE For Immediate Release For more information, contact: Mark Geeves at 513-258-0047 or mark@color-logic.com Intertype in Australia: First With Color-Logic on Fuji Xerox Iridesse West Chester, Ohio, USA; January 2019-- Intertype, a premier printer in Australia, recently installed a Fuji Xerox Iridesse press and became the first printer worldwide to utilize the Color-Logic process on this press. Discussing the installation, Color-Logic Director of Sales and Marketing Mark Geeves...
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Fuji Xerox Launches multifunction devices, designed for the Future of Work

Art Post ·
SYDNEY, Australia – 05 February, 2019 – Fuji Xerox Australia today announced the launch of its newest digital colour multifunction device in the Australian market: The ApeosPort-VII and DocuCentre-VII series. The new range was unveiled at Fuji Xerox Australia’s showroom in Macquarie Park. The new device aligns with Fuji Xerox’s Smart Work Gateway which recognises that office work is moving from the age of analog to the digital age as businesses prepare to be future ready. To do this the Fuji...
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The new series 7 Fuji Xerox device (code name Botan) Rumor Fails

Art Post ·
Coming from a good source that the new Botan MFP's have failed USA security standards. Can anyone confirm?
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Second day of strikes as crisis hits Fuji Xerox NZ

Art Post ·
26 February, 2019 05:00 Credit: Dreamstime Engineering staff protesting over pay have returned to the picket line for a second day of strikes, as problems continue to mount for Fuji Xerox in New Zealand. According to trade union E tū, 50 members - seemingly up from the 45 reported on Monday - in will “walk off the job” from 7:30am to 4:30pm. As revealed by Reseller News , the members are in dispute with the vendor regarding a two per cent pay offer, which the union claims the “company...
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Xerox Production Presses Question

Art Post ·
Quick question, with the production devices. I know all of the MFP's are manufacturer by FujiFilm aka Xerox Fuji but what about the production presses? Are they made here in the US, does someone else OEM?
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Fuji Xerox printers to support coronavirus medical sites

Art Post ·
“Fujifilm Holdings Corporation and its group companies extend their sincerest sympathies to those infected by novel coronavirus that was first reported from Wuhan, China,” the company said in a statement from Tokyo. “Fujifilm Holdings Corporation will make a donation of equipment and supplies amounting approximately seven million RMB (approximately $A1.5 million) for support to the novel coronavirus response in China.” The relief package includes Fujifilm’s medical diagnostic systems and...
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Fuji Xerox Introduces New Pink Specialty Dry Ink to Enhance Color Expressions in Digital Printing

Art Post ·
SINGAPORE, Feb. 20, 2020 /PRNewswire-AsiaNet/ -- Adds Dry Ink Lineup for the Iridesse(TM) Production Press Fuji Xerox Asia Pacific Pte Ltd announces the new addition of pink specialty dry ink for the production color printer Iridesse(TM) Production Press across the Asia Pacific region, to strengthen the printer's ability to handle printing needs in specialized colors. Logo - https://photos.prnasia.com/prnh/20200219/2724372-1logo With its one-pass six-color printing engine, the Iridesse(TM)...
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Fuji Xerox Asia Pacific Extends Partnership with Esker, Launches Digital Accounts Receivable Solution

Art Post ·
SINGAPORE – Media OutReach – 16 March 2020 – Fuji Xerox Asia Pacific announced today its expanded partnership with business process and document automation leader, Esker to launch its Esker Accounts Receivable solution (hereafter, the Solution) in Asia Pacific. The AI-driven, cloud-based solution enables different teams to collaborate more effectively and is compliant with standards in over 60 countries globally. By accelerating invoice delivery, the newly launched Solution allows customers...
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Fuji Xerox sues former Australia employees

Art Post ·
- Filed against former managing director Neil Whittaker, former CFO Delvin Bell - Resulting from a $450 million accounting scandal - Claims that offices in Australia had a “sales at any cost” culture - Apparently commissions were paid on contracts that included speculative estimates of future MFP usage
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Re: This Week in the Copier/Office Equipment Industry 10 Years Ago Third Week of January 2006

Larry Kirsch ·
Hello art. Happy New year. Any chance you may be able to forward a copy of Toshiba latest dealer price list.. Thanks in advance..
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This Week in the Copier/Office Equipment Industry 10 Years Ago Third Week of January 2006

Art Post ·
Ten years ago this week KonicaMinolta exiting the camera business, and boy oh boy did they make the right move.  A recent thread here on the Print4Pay Hotel forums mentioned KonicaMinolta's jump into the robotics industry.  I believe the article stated KonicaMinolta needed to move towards "more fertile" ground as the imaging industry continues to contract.  It's all about the consumables and I'm sure "bots" and robots will need plenty of those!  Enjoy the threads from ten...
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This Week in the Copier/Office Equipment Industry 10 Years Ago Second Week of November 2004

Art Post ·
Researchers claim to have found the lost city of Atlantis on the bottom of the east Mediterranean, 80 kilometers southeast of Cyprus . The Cypriot government disputes the claim, saying more evidence is needed.   Fuji Xerox bets on rising...
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Fuji Xerox and Ricoh for the the Provision of Print and Imaging as-a-Service PlaaS

Art Post ·
Photocopiers Sunshine Coast Queensland State Government chooses Fuji Xerox and Ricoh for the the Provision of Print and Imaging as-a-Service PlaaS All of Queensland State Government Standing Offer Arrangement for the Provision of Print and Imaging as-a-Service (PlaaS) – ICTSS.14.04 Introduction ICTSS.14.04 is a whole of government Standing Offer Arrangement (SOA) for the delivery of Print and Imaging as-a-Service (PlaaS). The SOA has a term of five (5) years commencing 17 November 2014 with...
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Fuji Xerox Launches New Digital Full Colour Press In Asia Pacific

Art Post ·
SINGAPORE, June 20 (Bernama) --  To cater to the needs of print professionals, Fuji Xerox Asia Pacific Pte Ltd today launched a new digital full-color press, the VersantTM 2100 Press in the Asia Pacific region. The press, designed to boost...
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Fuji Xerox Recognizes Altera with 2014 Premier Partner Award

Art Post ·
SAN JOSE, Calif., Sept. 2, 2014 /PRNewswire/ -- Altera Corporation today announced it has been recognized as a 2014 Premier Partner by Fuji Xerox Co., Ltd. Fuji Xerox is headquartered in Japan and develops, produces and sells xerography (or electrophotographic) and document-related products and services in the Asia-Pacific region. This is the second consecutive year Altera has received the Premier Partner Award from Fuji Xerox, having earned once again the highest marks in technology...
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Fuji Xerox To Launch 20 Full Colour Digital MFD Models In Asia ...

Art Post ·
TOKYO, Nov 1 (Bernama) -- Fuji Xerox Co Ltd, the leader in the management solution in the Asia Pacific region, including Malaysia, will be launching 20 multifunction device (MFD) products in the region beginning Nov 20 as one of its new growth...
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Fuji Xerox Expects Multi-Function Devices To Generate RM60 Million In Sales

Art Post ·
KUALA LUMPUR, Dec 3 (Bernama) -- Document management solutions provider, Fuji Xerox Asia Pacific Pte Ltd, expects its latest full-colour digital multi-function devices, launched today, to generate RM60 million in sales in Malaysia by end-2014. Its...
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Fuji Xerox Korea Releases Facial-Recognition Digital Multi Printer

Art Post ·
Tuesday, December 3rd, 2013 KOREA IT TIMES ( INFO@KOREAITTIMES.COM ) SEOUL, KOREA - FujiXerox Korea released a color A3 multi printer ApeosPort-V C775 series that employs the industry’s first user face recognition technology. The brand-new color A3 multi-printer comes in seven different varieties. The most striking feature of the multi-printer is that it automatically recognizes the user’s face, allowing users to enjoy customized display without going through separate ID card or a...
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Fuji Xerox develops inconspicuous code embedding for documents

Art Post ·
THE ASAHI SHIMBUN Fuji Xerox Co. has developed MISTCODE (Micro-dot Iterated and Superimposed Tag CODE), an inconspicuous code that can be used to add information to printed documents, the company said Oct. 24.MISTCODE is inconspicuous, just like...
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Fuji Xerox Australia launches content management software solution DocuShare 7

Art Post ·
SYDNEY, August 9, 2016 – Fuji Xerox Australia has launched the latest version of its software solution, DocuShare 7. This version offers a new range of solutions for small to medium size businesses and large enterprises aimed at reducing costs, labour and risks associated with document storage. DocuShare 7 improves daily processes by enabling businesses to unify all devices through one program. This version includes a new web based interface which allows users to drag and drop multiple files...
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Fuji Xerox takes home $28M Sydney toll ticket deal

Art Post ·
The NSW Government Roads and Maritime Services has awarded Fuji Xerox Australia a $27.7 million, 18-month managed print and mailing contract. Technically, the new contract, which runs until the end of November 2018, is for the provision of management and business professionals and administrative services. However, it is understood that the arrangement will specifically see Fuji Xerox Australia provide integrated system, printing and mail house services associated with the NSW Roads and...
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Fuji Xerox Expands Monochrome Multifunction Device Lineup for China/Asia-Pacific Market

Art Post ·
Fuji Xerox Expands Monochrome Multifunction Device Lineup for China/Asia-Pacific Market Announces DocuCentre S2110—Planned and Developed by Chinese Engineers in the Local Market TOKYO, May 22, 2017 – Fuji Xerox Co., Ltd. releases DocuCentre S2110, a new addition to the DocuCentre S series of monochrome multifunction devices for the small- and medium-sized businesses (SMB) market in the China and Asia-Pacific region. To meet the market requirements in China and other emerging countries, the...
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Fuji Xerox launches Iridesse press

Art Post ·
Fuji Xerox has released the Iridesse Production Press, which the company says is the industry’s first single-pass, six-colour print engine. The press is available for purchase now. Fuji Xerox says this new production printer with a six-colour print engine is able to print different specialty colours including metallic with a single pass, by housing up to two additional specialty dry inks of gold, silver, clear and white. Fuji Xerox says fine and smooth images are made with 2,400 dots per...
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Fujifilm-Xerox Venture Ousts Executives Over Accounting Trouble

Art Post ·
TOKYO — Fuji Xerox, the Japan-based joint venture between Xerox and Fujifilm Holdings, said on Monday that its chairman and three other executives were stepping down over accounting problems discovered at its operations in Australia and New Zealand. Kenji Sukeno, president and chief operating officer of Fujifilm Holdings, which owns 75 percent of Fuji Xerox, bowed and apologized at a news conference along with other Fujifilm executives. “We will strengthen corporate governance at Fuji...
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Fuji Xerox to buy CSG for $141M

Art Post ·
Fuji Xerox Asia Pacific has entered into a Scheme of Implementation Deed to acquire publicly listed print and business technology solutions provider CSG for A$140.8 million. Fuji Xerox is putting forward a cash price of A$0.31 per CSG share (449.26 million shares), valuing CSG issued equity at A$140.8 million with an enterprise value of A$181.6 million. The deal will see the CSG brand become a wholly owned subsidiary of Fuji Xerox Asia Pacific. read the rest here
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Fuji Xerox Australia Launches Digital Multifunction Printers. Introducing the ApeosPort-VII C ...

Art Post ·
Sydney, 4 November 2019 – Fuji Xerox Australia, has today announced it has launched six models in the ApeosPort-VII C / DocuCentre-VII C multifunction printer series. These new high-speed models have been specifically designed to meet the needs of customers who print consistently high volumes of documents that demand reliability, accuracy and beauty. “Targeted at customers in government, education and enterprises we are proudly pitching the devices as high image quality with durability,...
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Xerox and Fujifilm get divorced

Art Post ·
- The Nikkei Asian News reports that Fujifilm intends to take full control of its joint venture with Xerox - has given up on its battle to acquire Xerox - intends to bring Fuji Xerox -- a joint venture between the two -- completely under its own umbrella - plans to buy out Xerox's 25% stake in Fuji Xerox for about $2.3 billion - will now withdraw the lawsuit that was seeking a $1 billion penalty from Xerox for backing out of deal where Fujifilm would acquire Xerox - Making Fuji Xerox a...
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Fuji Xerox rebrands as Fujifilm Business Innovation

Art Post ·
Fuji Xerox has rebranded and will be known as Fujifilm Business Innovation as of 1 April 2021 as part of the company's plans to focus on its existing businesses and expand into new business areas such as cloud, artificial intelligence, and the Internet of Things. Affiliates and sales companies in and outside of Japan will also change their names respectively on the same date, but Fuji Xerox said their new names will be revealed at a later date. The rebranding comes as the company also...
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Fujifilm-Xerox update

Art Post ·
- Fuji Xerox said that as of April 1, 2021, it will be changing its name to FUJIFILM Business Innovation Corp - “ending the Technology Agreement with Xerox opens doors for Fuji to, after April 2021, to utilize technologies owned by Fujifilm Group to produce/market products and solutions under our Fujifilm brand worldwide” - this includes entering the U.S. and elsewhere with MFPs and printers to compete against Xerox and others
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Stop using 'Xerox' when you mean 'copy', Japanese firm tells public in Philippines

Art Post ·
MANILA - The Japanese company that makes the world's most popular photocopying machines is asking the public in the Philippines to stop using the word "Xerox" when referring to anything other than the machines it makes or services it provides. Fuji Xerox Co. Ltd. published a notice on a Philippine broadsheet on Thursday to remind people that its Xerox brand is "not just another word for copy." The company said Xerox is a globally recognized registered trademark protected by law. While a lot...
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‘No tangible benefits’: N.Y. judge rejects Xerox shareholder class action deal

Art Post ·
Seems Xerox dodged another bullet here. (Reuters) - New York State Supreme Court Justice Barry Ostrager of Manhattan is not afraid to stir things up. In April 2018, you may recall, the judge – previously a longtime litigation partner at Simpson Thacher & Bartlett – issued a preliminary injunction to block Xerox from allowing a shareholder vote on a proposed merger with Fuji, holding that the deal was hopelessly tainted by Xerox board members’ conflicts. Justice Ostrager’s decision was...
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Xerox exits Fujifilm venture with $2.3 billion stake sale to Japan partner

Art Post ·
TOKYO (Reuters) - Xerox Holdings Corp ( XRX.N ) will sell its 25% stake in Fuji Xerox, its joint venture with Fujifilm Holdings ( 4901.T ), for $2.3 billion, after investor activism scuppered a deal involving the two companies. Xerox, struggling with falling demand for office printing equipment, had agreed to a complex $6 billion deal that would have merged the U.S. brand into Fuji Xerox and given Fujifilm control. But Xerox scrapped the deal last year after lobbying by two of its main...
 
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