Tagged With "Toshiba"

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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
Toshiba charged ABSS $8.34 per student per quarter, or more than $750,000 a year, while Xerox charges a flat rate for unlimited black-and-white copies of $49,953 per month for 59 months, or $599,436 a year.
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
First Ive heard of this and it's concerning that this is in a school district. wish I had more details. The school district is in North Carolina curious if there is an open records act there, would be great to see the t's & c's. @Jason H is this something you can get?
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
somebody needs to get a copy of these documents so that we can understand more about this program. Any takers?
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

JustinLen ·
This will certainly have an effect on the dealers. I’d love to see what that actually entailed.
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
Yup would love to have a copy of that agreement
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Tom T ·
The last paragraph says it all as do most last paragraphs in news stories. Thanks Common Core! What a disaster.
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Art Post ·
@Tom T help me understand more about common core please
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Re: Settlement of schools’ copier contract ‘spends to save’ with Xerox (flate rate program)

Tom T ·
It’s a federal change on how kids learn things like math. It’s largely unpopular and has basically made education worse.
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BlackRock lends 46 million shares as shorts target Toshiba

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TOKYO: Buried in an obscure filing this week was another hint of the trouble faced by Toshiba Corp. BlackRock Inc, the third-biggest owner of the embattled Japanese company, indicated in a report to the finance ministry that there’s been a huge increase in the stock it has out on loan. The world’s largest money manager said about 46 million Toshiba shares owned by its units, or about one-fifth of its total stake, are temporarily being held by others. That’s up from just 1.4 million when it...
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Brave is the auditor that takes on Toshiba’s accounts

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PwC Aarata took a big gamble last year when it took over the audit of Toshiba’s scandal-marred accounts. Its predecessor Ernst & Young ShinNihon had incurred heavy reputational damage after regulators in 2015 accused the accounting firm of failing to detect that the Japanese industrial conglomerate had inflated its profits by $1.3bn over seven years. It was a risky wager but one that also posed an opportunity for PwC, which has the smallest share of the Japanese auditing market among the...
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Can you say Shoshiba, or how about Sharhiba? Sharp & Toshiba to Merge?

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Japan state-backed fund in advanced talks to invest in Sharp: sources A Japan ese state-backed fund is in advanced talks to invest in Sharp Corp with plans to overhaul the manufacturer's consumer electronics business including a possible deal with Toshiba Corp, people familiar with the matter said. Innovation Network Corporation of Japan (INCJ) considered investing in Sharp's display division and merging it with rival Japan Display Inc, in which the fund is the biggest shareholder, sources...
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Canon Has Agreed To Purchase Toshiba’s Medical Unit After Toshiba Scandal

Art Post ·
Canon Inc. has agreed to pay roughly 665.5 billion yen ($5.9 billion) to purchase Toshiba’s medical equipment unit. Toshiba continues to sell off units to focus on its core business in the wake of a massive accounting scandal last year. According to the terms of the deal, Canon will acquire 100 percent of Toshiba Medical System’s common stock. The acquisition gives Canon control of a company that develops and sells technical services for medical equipment, including diagnostic X-ray systems,...
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Canon to step up repayment of acquisition debt

Art Post ·
Canon to step up repayment of acquisition debt $1.8bn set aside for 2018 on brisk earnings TOKYO -- Canon will pay back more interest-bearing debt this year to improve its financial standing following the 2016 acquisition of a medical equipment business from Toshiba . Repayment will double from 2017 levels to around 200 billion yen ($1.79 billion) in light of strong earnings last year, with an aim of whittling down borrowings from parties including Bank of Tokyo-Mitsubishi UFJ. Canon...
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Cracks appearing among Toshiba creditors

Art Post ·
TOKYO -- Growing mistrust and frustration among regional banks is adding another layer of uncertainty to Toshiba 's future, as smaller lenders protest what they see as favorable treatment of major banks, forcing the company to redraw its refinancing timetable. Toshiba, in the midst of a deep financial crisis, has offered creditors fresh collateral as an incentive to roll over existing lines of credit. The Tokyo-based company's plan would put up shares in Toshiba Memory, a new unit to be...
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China officials reportedly concerned with Hynix role in Toshiba memory chip deal

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BEIJING – Antitrust officials in China’s Ministry of Commerce are concerned about the role SK Hynix Inc. will play in the sale of Toshiba Corp.’s memory chip business as the country commences a review of the deal, according to sources. The officials are looking at the fact that Hynix could take a sizable stake in the business if the sale goes ahead, the sources, who asked to remain anonymous as they weren’t authorized to speak on the matter, said. From Toshiba’s side, they may need to...
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China refuses to approve SK hynix-Toshiba deal

Art Post ·
By Kim Yoo-chul In the latest standoff over attempts to purchase Toshiba's NAND flash memory chip business pursued by a Korea-Japan-U.S. consortium, China's regulators are seeking more protections for Chinese companies before approving the proposed purchase of the Toshiba unit. That may jeopardize the consortium's mega bid to close the deal, sources familiar with the issue told The Korea Times by telephone, Monday. "They were saying the consortium's proposed purchase of Toshiba's NAND chip...
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China regulators open antitrust probe of Toshiba deal -newspaper

Art Post ·
Dec 14 (Reuters) - Chinese regulators have opened an antitrust investigation into Toshiba Corp’s $18 billion deal to sell its memory chip unit to a consortium led by Bain Capital LP that includes memory maker SK Hynix, possibly delaying the March closing date Toshiba’s leaders have targeted, the Nikkei Asian Review newspaper reported on Friday. Chinese regulators started their review earlier this month, despite the fact that Toshiba had applied for it in September, when it reached a deal...
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China’s Antitrust Officials Concerned Hynix Will Take Larger Stake in Toshiba Chip Sale

Art Post ·
According to sources that are close to the issue, antitrust officials in China’s Ministry of Commerce are currently investigating the role that South Korea’s Hynix Inc. will play in the sale of Toshiba Corp.’s memory chip business. The antitrust officials are concerned as they are currently reviewing the deal. Chinese officials are currently investigating the fact that the South Korean company will do away with a large stake in the business if Toshiba’s memory chip unit sell goes ahead. This...
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Copier Industry News & Updates

Art Post ·
Toshiba financial issues update – Toshiba announced that it fired the chairman of its nuclear division, Danny Roderick, two days before the division filed for bankruptcy o Replaced by Mamoru Hatazawa o Company announced it is investigating whether executives sought to influence accounting practices in the division – Claims that at least 10 companies are bidding to buy Toshiba’s flash memory chip manufacturing business to raise cash o Sale of the division may not come in time for the next...
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Embattled Toshiba hits a new hurdle as talks with Bain stall

Art Post ·
Tokyo/San Francisco — Toshiba’s talks to sell its chips business to a consortium led by Bain Capital hit an impasse over the timing of payments for the business and governance issues, according to people familiar with the matter. The new hurdle casts doubt on the company’s ability to complete a deal quickly. The Bain group wants to make cash payments after Toshiba resolves a legal dispute with partner Western Digital, while Toshiba wants the money earlier, said the people, asking not to be...
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Former Toshiba America Business Solutions CEO Mark Mathews Named President of 3D Printer

Art Post ·
Mark Mathews, the former president and CEO of Toshiba America Business Solutions, Inc., has been named president of Airwolf 3D, a two year-old, privately-held designer, manufacturer and distributor of high-performance 3D printers.   Reporting...
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Foxconn Says Apple, Amazon to Join Its Bid for Toshiba Chip Business: Nikkei

Art Post ·
TOKYO — Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants plan to "chip in funds", Gou said, according the interview with the newspaper. It was not immediately clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal. Taiwan's Foxconn, formally known as Hon Hai Precision...
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Detroit Tigers Select Toshiba Official Copier Provider     

Art Post ·
IRVINE, Calif.--( BUSINESS WIRE )-- Toshiba America Business Solutions today announced it is now the official copier provider of the Detroit Tigers. The Tigers are utilizing Toshiba's industry-recognized e-STUDIO ™ multifunction printers (MFPs) within the club's downtown Detroit Comerica Park home to support the team's efforts on and off the diamond. “We are thrilled with the partnership we have with Toshiba” Tweet this Toshiba's fleet of e-STUDIO products deliver a comprehensive array of...
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InfoComm - Toshiba Announces Plans to Market Complete Commercial and Professional Display Solutions for the U.S. Market

Art Post ·
ORLANDO, Fla.--InfoComm, Orange County Convention Center Booth #3721 - Toshiba's Digital Products Division (DPD), a division of Toshiba America Information Systems, today announced its plans to focus on the commercial display solutions market in the U.S. in 2015. The business will leverage Toshiba's decades of expertise in innovative display technologies to aggressively expand into this market. Toshiba will be working with select premiere distribution partners to initially target the retail,...
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How Toshiba Lost $6 Billion

Art Post ·
Since its founding in 1873 as Japan’s first maker of telegraph equipment, Toshiba has survived a litany of challenges, from the Great Kanto earthquake of 1923, to having its factories bombed into rubble during World War II, to the drubbing of the Zune music player it co-developed with Microsoft. Now the conglomerate may be undone by four nuclear power plants under construction in the American South. Blown deadlines and budgets at the reactors in Georgia and South Carolina overseen by...
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Here’s Why Toshiba Shares Are Tanking Yet Again

Art Post ·
Toshiba asked creditor banks for a new loan and offered as collateral a stake in its memory chip unit that is being split off , sources said, underlining the firm's growing financial woes as it braces for a multi-billion dollar loss. The TVs-to-construction Japanese conglomerate expects to book a net loss of about $9 billion for the year ended March, due to a writedown related to cost overruns at its U.S. nuclear unit Westinghouse that recently went bankrupt. Toshiba has put up most or even...
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Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

Art Post ·
TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp ( 6502.T ) has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters. FILE PHOTO: A reporter raises his hand for a question during a news conference at the Toshiba Corp company headquarters in Tokyo, Japan June 23, 2017. REUTERS/Issei Kato/File Photo Argyle Street Management Ltd,...
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It ain’t over til it’s over – and WD’s spat with Toshiba is far from over …

Art Post ·
In a recent blog on the sale by Toshiba of its memory operations, I noted that the shadow of Western Digital (WD) was looming over the deal. 'Let’s just say the memory company isn’t happy’, I suggested. Confirmation of that has arrived in the shape of a Q&A posted on WD’s website. The document leaves no doubt that WD – which acquired SanDisk in a $19billion deal last year – isn’t going to go quietly. Even before Toshiba announced the deal with the Bain-SK Hynix consortium, it had started...
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It's The End of Toshiba As You Know It

Art Post ·
Japan’s Toshiba Corp said Monday it will cut nearly 7,000 consumer electronics jobs after a $1.3 billion accounting scandal , in an overhaul that will streamline the sprawling conglomerate into a company focused on chips and nuclear energy. Toshiba also said it would sell its television manufacturing plant in Indonesia, and that eventual job cuts spanning the entire PC-to-nuclear company could be over 10,000 including previously announced cuts and those seeking voluntary early retirement.
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ITsavvy Announces Partnership with Toshiba for Multifunction Printers and Copiers

Art Post ·
ADDISON, Ill. (PRWEB) August 28, 2013 ITsavvy just announced that it has partnered with Toshiba to provide the latest, most cost-effective multifunction printers (MFPs) and copiers . The collaboration will power the expansion of savvyPrint, ITsavvy’s trademarked managed print service and complement the world-class line of MFPs and copiers ITsavvy already has in place. This means a broader print product and service offering for the company’s clients. “This partnership will allow us to bring...
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Japan court hears Toshiba, Western Digital fight on sale

Art Post ·
FILE- In this Aug. 10, 2017 file photo, Toshiba Corp. President Satoshi Tsunakawa speaks during a press conference at the company's headquarters in Tokyo. The feud between Toshiba Corp. and its U.S. joint-venture partner Western Digital over a planned sale of Toshiba’s lucrative flash-memory unit is being aired at a Tokyo court. At the first hearing of the case Wednesday, Nov. 29, 2017, Toshiba’s lawyers demanded 120 billion yen ($1.1 billion) in damages from Western Digital for allegedly...
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Japan government-backed fund proposes buying Toshiba's white goods unit: Yomiuri

Art Post ·
A fund backed by the Japanese government has proposed buying Toshiba Corp's ( 6502.T ) electric appliances business, the Yomiuri newspaper reported. The Yomiuri, citing unnamed sources, said the Innovation Network Corp of Japan would make a 100 percent investment after Toshiba split off the business.  read more here
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Japan may block Toshiba sale to firm with China ties

Art Post ·
Japanese daily the Mainichi reports that national security concerns are being raised surrounding the sale of Toshiba’s proposed semiconductor company. Toshiba is in desperate need of cash, following massive losses from its US nuclear power business, but they may face obstacles for this sale that involves sensitive technology. One bidder, Taiwan’s Hon Hai Precision Industry Co, has raised concerns because of its ties to China. read more here
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Japan’s Government Has No Plans to Come Save Toshiba

Art Post ·
The Japanese government is not considering steps to support embattled conglomerate Toshiba ( tosbf ) , Chief Cabinet Secretary Yoshihide Suga said on Friday. Toshiba this week missed submitting audited third-quarter earnings for a second time and said it would consider selling a majority stake in the Westinghouse nuclear unit at the center of its financial troubles. http://fortune.com/2017/03/17/toshiba-westinghouse-sale-japan/
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Japan's GPIF Pension Fund Sues Toshiba Auditor Over Investment Losses

Art Post ·
TOKYO (Reuters) - Japan's giant Government Investment Pension Fund (GPIF) has sued the local affiliate of global accounting firm Ernst & Young, claiming $31 million for losses on investments in Toshiba Corp stemming from the conglomerate's accounting scandal in 2015. Toshiba has been on the Tokyo Stock Exchange's supervision list since mid-March as it has failed to clear up concerns about its internal controls after the $1.3 billion accounting scandal. That scandal preceded the crisis...
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Japan's struggling Toshiba logs $436 mn loss in first half

Art Post ·
Troubled Japanese conglomerate Toshiba said today it logged a net loss of $436 million for the fiscal first half, as it moves to complete a multi-billion-dollar sale of its chip business to restore its balance sheet. The Tokyo-based firm said the loss was mainly due to the tax impact associated with the deal to sell the chip unit to a consortium led by Bain Capital. http://www.moneycontrol.com/news/world/international-results/japans-struggling-toshiba-logs-436-mn-loss-in-first-half-2433707.html
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Japan's Toshiba Secures $6 Billion in Credit Lines: Nikkei

Art Post ·
(Reuters) - Embattled Japanese conglomerate Toshiba Corp used shares in its divested flash memory unit to secure a credit of 680 billion yen ($6 billion) from major banks, Nikkei news agency reported on Friday. Lenders helped Toshiba by providing a way for the company to borrow funds by leaving share certificates with the banks, instead of pledging actual shares as collateral, Nikkei said. The banks had confirmed that the workaround would not pose any legal problems, giving the arrangement...
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Japan's Toshiba unveils affiliate's accounting misconduct

Art Post ·
TOKYO, Dec. 26 (Xinhua) -- Japan's Toshiba Corp. said Tuesday that it had discovered accounting misconduct in one of its affiliates. Toshiba Infrastructure Systems & Solutions Corp., an affiliate of Toshiba Corp. that conducts electrical installation work, was found attempting to cover losses of a money-losing project by attributing its expenses to another profitable business. The misconduct, lasting for four years through September 2017, involved a total amount of some 95 million yen...
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Japanese investment fund, U.S. equity firm to make joint bid for Toshiba Memory

Art Post ·
State-backed investment fund Innovation Network Corporation of Japan (INCJ) and American private equity firm Kohlberg Kravis Roberts & Co (KKR) plan to make a joint bid for Toshiba Corp's semiconductor memory unit, it has been learned. Initially, a "Japanese federation" consisting of major Japanese companies aimed to bid for the unit, but with firms in the federation continuing to express difficulties over the provision of a meaningful capital injection, the fund-driven model involving...
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Little progress seen in Toshiba probe

Art Post ·
The Yomiuri Shimbun Eighteen months have passed since the Securities and Exchange Surveillance Commission launched an investigation aimed at filing a criminal complaint against three consecutive presidents of Toshiba Corp. over the company’s accounting irregularities. Prosecutors believe it is difficult to pursue the criminal responsibility of the former presidents, but the commission’s investigation has been unusually prolonged. The difference in opinion between the commission and...
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Loma Terrace wins free Eco-friendly copy machine from Toshiba

Art Post ·
Loma Terrace Elementary School was named one of 250 schools across the country to win a free eco-friendly color copy machine from Toshiba America Business Solutions. The new machine will help Loma Terrace reduce its carbon footprint, reduce waste, save money on printer-related costs, all while teaching students the importance of being environmentally friendly. The school is one of two winners in the El Paso region to have the new system donated. This prize is another example of the...
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Leads, Do you get them?

Art Post ·
It's been awhile since I got a manufactures lead for my territory in which the dealership I work for is Authorized.  Matter of fact it's been more than seven months!  How is everyone else doing with leads from the likes of Ricoh, Xerox,...
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Rift with auditor puts Toshiba at risk of delisting

Art Post ·
TOKYO -- As a Toshiba in crisis continues to butt heads with an auditing firm over an investigation into Westinghouse Electric, investors fear the conglomerate's possible eviction from the Tokyo Stock Exchange. Auditors look at earnings reports as well as accounting-related internal controls. Their opinions serve as a guarantee to markets that the financial statements in question can -- or cannot -- be trusted. read more here
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Sharp weighs bid for Toshiba's struggling PC business

Art Post ·
OSAKA -- Electronics maker Sharp is reportedly considering a bid to purchase Toshiba 's money-losing personal computer business, aiming to get back into the PC market with help from Apple assembler and Taiwanese parent Foxconn. Read the rest here
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School board debates copier leases

Art Post ·
19 hours ago • By Curt Nettinga (0) Comments HOT SPRINGS – A lengthy agenda gave way to substantial discussion regarding a copier lease contract, at the June 6 meeting of the Hot Springs School Board. The school board issued a Request for Proposal (RFP) earlier this spring, and received quotes from two different businesses – Century Business Products and A&E Business, for a three-year lease of copiers, maintenance and training in the school’s elementary, middle and high schools, as well...
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Scan2Anywhere?

Art Post ·
For lack of a better name, I'll call it scan2anywhere and what I mean is that you can browse all of the shared file folders on the server from the copier MFP panel.   This is not a standard option on the Ricoh's, we need to add Global Scan. ...
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Toshiba Color Multifunction Products Secure Cerner Certification for Use Within Healthcare

Art Post ·
Toshiba Color Multifunction Products Secure Cerner Certification for Use Within Healthcare January 29th, 2014 A Dozen of Company’s Color MFPs Approved for all Healthcare Environments Implementing Cerner’s Millennium Application IRVINE, Calif. (Jan. 29, 2014)—Toshiba America Business Solutions, Inc., a leading managed print services (MPS) provider and business printing solutions innovator, today announces that 12 of its e-STUDIO color multifunction products (MFPs) have achieved Cerner...
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Toshiba Companies Join Forces for LEAD 2017 Conference in Orlando

Art Post ·
Toshiba Companies Join Forces for LEAD 2017 Conference in Orlando Combined Reseller and End User Event Promises to Captivate May 02, 2017 08:00 AM Eastern Daylight Time ORLANDO, Fla.--( BUSINESS WIRE )-- Toshiba America Business Solutions and Toshiba Global Commerce Solutions again team up to host reseller and end user event, 2017 LEAD (Learn Engage Act Deliver), May 2-5 at the Swan and Dolphin Resort in Orlando, Florida. The two Toshiba companies collaborated during last year's award-...
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