Tagged With "CVC"

April 2020 Epson establishes Epson X Investment to accelerate innovation SYDNEY, 8 April 2020 – Epson has established Epson X Investment Corporation (EXI), a new corporate venture capital (CVC) 1 subsidiary. The aim of the subsidiary is to accelerate collaboration and open innovation, grow existing businesses, and create new ones. A multi-million dollar fund will be set up for venture investment. One of the basic policies of Epson's Phase 2 Mid-Range Business Plan is to accelerate growth by...

Toshiba in turmoil? Nobuaki Kurumatani is stepping down from CEO position according to Nikkei Asian News - Chairman Satoshi Tsunakawa will take over as new CEO - Company recently conducted detailed interviews with top executives at the company, and apparently over half expressed lack of confidence in Kurumatani - Kurumatani was most likely going to be removed at upcoming shareholders’ meeting - CVC Private Equity has offered $21 billion to buy Toshiba - KKR is also reportedly going to make...

TOKYO -- Toshiba's board on Thursday voted in favor of a 2 trillion yen ($15.3 billion) buyout led by Japan Industrial Partners (JIP), setting the troubled industrial group on a path to go private if the bid succeeds. The tender offer of 4,620 yen per share requires investors to tender at least two-thirds of outstanding shares to succeed. The Japanese blue chip would later delist from the Tokyo Stock Exchange. The decision marks a milestone in Toshiba's turnaround efforts, which have gone...

Will Ricoh consider buying the print end of the business?

That's a great question! I think if Toshiba Tec went up on the block I would tend to think interested parties would be Epson, HP and maybe Lexmark. I would rate these in order as Lexmark, Epson and then HP. I would tend to think that Epson being a Japanese company would have a better shot. I also believe that Epson could benefit from the direct sales force here in the US and expand their inkjet business worldwide with the purchase