The BIG 4 (Canon, Ricoh, KonicaMinolta, Xerox) "In The News"

(Reuters) - Xerox Corp said on Monday it was exploring the possibility of a “strategic transaction” for its customer financing business, which accounts for more than 65 percent of its overall debt. The printer maker said its plan to simplify its operations would lead to gross savings of at least $640 million in 2019 and $1.5 billion by 2021. Advertisement The move comes close on the heels of a plan announced by the company to restructure itself to become a wholly owned unit of a new holding...Read More...
EIN News / -- Ramsey, NJ, March 11, 2019 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc . (Konica Minolta) announces its first time participating in the International University Contest which has been running for three years with Konica Minolta Business Solutions Europe. This global contest allows students to compete nationally to create or improve their campus technology. The winners of the national contest will go on to compete with their international peers from a...Read More...
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Investors Slam Xerox Spinoff For Falsely Hyping Stock By Bill Wichert Law360 (March 11, 2019, 7:42 PM EDT) -- Conduent Inc., formerly a collection of Xerox Corp. subsidiaries, has been hit with a putative securities class action in New Jersey federal court alleging it kept investors in the dark about... To view the full article, register now. Try Law360 FREE for seven days Already a subscriber? Click here to loginRead More...
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MELVILLE, N.Y. , March 12, 2019 /PRNewswire/ -- Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A. , Inc., today announced the launch of the new Océ PrintSight software developed by Canon Solutions America to provide print-for-pay businesses an effective tool to monitor their Océ Arizona , Océ Colorado , and Océ ColorWave printers. The Océ PrintSight software will enable print-for-pay business owners and their production staff to closely monitor many important aspects...Read More...
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Xerox to reorganize into holding company By: Velvet Spicer March 7, 2019 Xerox Corp. plans to reorganize its corporate structure into a holding company, documents filed with the Securities and Exchange Commission Wednesday show. Following the restructuring, Xerox will become a direct, wholly-owned subsidiary of a new holding company. The purpose of the reorganization is to provide Xerox with “strategic, operations and financial flexibility,” the document states. The business ... ...Read More...
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RAMSEY, NJ, March 05, 2019 (GLOBE NEWSWIRE) -- Konica Minolta is pleased to announce its dealer award winners, recognizing accomplishments during its 2017 fiscal year (April 1, 2017 – March 31, 2018). Through the success of its dealers, Konica Minolta ranks number one in ‘highest average dealer revenue of any manufacturer,’ according to The Cannata Report’s 2018 Dealer Survey. The company honored top performers for their revenue growth and product sales at a dinner and awards ceremony at...Read More...
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RAMSEY, NJ, March 04, 2019 (GLOBE NEWSWIRE) -- At its 2019 dealer conference, kicking off today, Konica Minolta Business Solutions USA, Inc. (Konica Minolta) announced its newest strategic initiatives to help dealers serve their existing customers and win new business. The event will champion dealers as the heroes for businesses of all sizes during a period of rapid digital transformation. Organizations of every size and type will undergo massive transformation over the next several years,...Read More...
Calgary-based Continuity Solutions will begin migrating its customers next month MISSISSAUGA. Ontario, March 04, 2019 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions (Canada) Ltd. ( Konica Minolta ) announced today that it has acquired Continuity Solutions Ltd. ( Continuity Solutions ), a Managed IT Services Provider (MSP) based in Calgary, Alberta. Over the past several years, Continuity Solutions, led by founder and CEO Ray Archer, has built a loyal customer base in Calgary by...Read More...
MELVILLE, N.Y. - March 4, 2019 - Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A., Inc., recently participated in the 2019 Canon Media & Analyst Event, held February 11-13 in Boca Raton, Florida at The Waterstone Resort & Marina. Canon Solutions America customers participated in a series of Q & A style discussions that allowed Canon Solutions America to demonstrate its wide range of services through the customer perspective. Executive leaders from Canon...Read More...
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MELVILLE, N.Y. , March 1, 2019 /PRNewswire/ -- Canon U.S.A. , Inc., a leader in digital imaging solutions, is proud to announce that Seymour Liebman—executive vice president, chief administrative officer and general counsel of Canon U.S.A. , Inc.—has been named to the Long Island Press 2019 PowerList in the Rainmaker category. This annual award honors Long Island's most influential and impactful leaders from a range of industries. As a Hall of Fame inductee, this year's honor marks the...Read More...
MELVILLE, N.Y. - March 1, 2019 – Stability is not a word normally praised; however, in an industry that is navigating through changes, Canon U.S.A. Inc., a leader in digital imaging solutions, shared positive financial results and customer successes during a recent gathering of esteemed industry analysts and media. During the exclusive event, held Feb. 11-12 in Boca Raton, Fla., Canon presenters, including enterprise, wide-format and production printing, echoed a common theme: The Company’s...Read More...
Ricoh Co., Ltd. (President and Chief Executive Officer: Yoshinori Yamashita; head office: Ota-ku, Tokyo; “Ricoh”) and Cisco Systems G.K. (President and General Manager: Dave West; head office: Minato-ku, Tokyo; “Cisco”) have announced a global strategic partnership aimed at providing cloud solutions to empower digital workplaces that deliver increased productivity in a more secure environment. The two companies will jointly develop solutions that deliver simpler and more secure environments...Read More...
NORWALK, Conn.--( BUSINESS WIRE )--Venues, businesses and campuses frequented by mobile technology users can now generate a new revenue stream with the Xerox Instant Print Kiosk . The kiosk offers fast and easy access to popular cloud services and common printing, copying, scanning and faxing applications, making it the ideal self-serve solution for those on the go. Launching the Instant Print Kiosk is one of many efforts underway at Xerox to redefine – and add value – to the user...Read More...
Ricoh delivers mono sheet fed production flexibility with Pro™ 8300 series Tuesday, 26 February, 2019 Ricoh Europe, London, 26 February 2019 – Print shops, Corporate Reprographics Departments (CRDs), commercial printers, offices and schools can now enjoy greater mono production flexibility and capability with the Ricoh Pro 8300 series of sheet fed presses. Ricoh announces the Ricoh Pro 8300 series of mono sheet fed presses The series replaces the Ricoh Pro™ 8200 mono platform. It comprises...Read More...
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NEW YORK , Feb. 26, 2019 /PRNewswire/ -- Canon Business Process Services, Inc. (Canon) a leading provider of managed services and technology, has been named to the International Association of Outsourcing Professionals' (IAOP®) Best of the Global Outsourcing 100 list. The list features companies that have been at the top of the annual IAOP GO100 for the past decade. In fact, Canon has been named to the Leader's category of the GO100 list for 12 straight years. "Companies today are facing a...Read More...
MELVILLE, N.Y. , Feb. 26, 2019 /PRNewswire/ -- In its continual strive to take a proactive approach to corporate social responsibility initiatives and maintain strong standing as a good corporate citizen, Canon U.S.A. , Inc., a leader in digital imaging solutions, received recognition as one of the 2019 World's Most Ethical Companies. For the second year in a row, the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, bestowed the...Read More...
"We truly enjoyed welcoming our guests to the production print segment of the Canon Media & Analyst Event in Boca Raton ," said Francis McMahon , Executive Vice President, Production Print Solutions, Canon Solutions America. "In addition to sharing an in-depth look into our newest product developments, we like to incorporate the customer voice into the narrative, allowing the audience to hear directly from our customers as they share their success stories, business challenges, and...Read More...
BRAINTREE, Mass. - February 26, 2019 - Braintree Printing of Braintree, Mass., has historically been known for its high volume, offset printing. They service the trade in New Jersey, New York and New England. Yet as the market grew from customers demanding small batch jobs with varying specialty sizes and tight turnaround times, the company not only invested in one Xerox iGen 5 150 Digital Printing Press, but two. Speed, quality and reliability were key functions in finding a digital system...Read More...
The Xerox Rialto 900 Inkjet Press, the world's only fully-integrated roll-to-cut sheet, narrow web inkjet press, is designed for print providers who produce 1.5 to 5 million impressions per month. (Photo: Business Wire) February 25, 2019 02:00 AM Eastern Standard Time NORWALK, Conn.--( BUSINESS WIRE )--Xerox will present a portfolio of end-to-end solutions designed to help print service providers (PSPs) optimize inkjet production at Hunkeler Innovationdays (HID) in Lucerne, Switzerland from...Read More...
NEW YORK , Feb. 22, 2019 /PRNewswire/ -- Canon Business Process Services (Canon) has published a new whitepaper in its Future-Ready Leadership Series. The whitepaper examines one of the biggest challenges business leaders face today: restructuring their workplace to attract and keep the right talent. Meeting this challenge often means rethinking the way business gets done in order to improve operational efficiency and customer service. With this in mind, Canon's whitepaper, " Adapting to the...Read More...
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...Read More...
MELVILLE, N.Y. , Feb. 21, 2019 /PRNewswire/ -- Canon Solutions America, Inc., a wholly owned subsidiary of Canon U.S.A. , Inc., today announced a new end-to-end solution designed to help increase the efficiency of book printing: the Book Smart Suite, a package of proven automated workflow, press, media, and finishing solutions for book manufacturers, publishers, and commercial printers looking to expand into the digital production book market. A fully automated book production workflow Book...Read More...
MELVILLE, N.Y. , Feb. 21, 2019 /PRNewswire/ -- With healthcare providers facing pressure to improve patient care, reduce errors, and ensure regulatory compliance due to strict patient-privacy mandates, Canon U.S.A. , Inc., a leader in digital imaging solutions, is honored to be named the recipient of the 2019-2020 BLI PaceSetter Award for Healthcare in the Hospital Networks category for the second time. Awarded by Keypoint Intelligence – Buyers Lab, this award celebrates OEMs that offer...Read More...
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