Tagged With "Fujifilm"
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Re: New Xerox CEO calls Fujifilm’s bid to renew merger talks ‘delusional,’ casts shadow over Fuji Xerox venture
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: Xerox explores sale of leasing finance unit: sources
Oce did that 10 years ago and went bust. They didn't realise how much they relied on the monthly rental income and how inflexible third party leasing companies are when you want to upgrade mid term. The financing arm is usually the most profitable side of the business. High interest rate to customers, low rates for them and if the customer goes bust you generally get you equipment back and at the end of the contract you get your gear back.
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Re: Xerox explores sale of leasing finance unit: sources
Do you think Icahn and Deason are in it for the long-term? Or is this a corporate takeover to temporarily raise the stock price and cash out on their investment?
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Re: Xerox explores sale of leasing finance unit: sources
I'm with you Czech, it's all about those top shareholders cashing in
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Re: Xerox CEO John Visentin Awarded $23M Total Pay In First Year
Job well done to make $23 million US dollars. How many lost employees did it take to make that happen? I don;t know how many Xerox copiers were manufactured in 2018. Could it have been 100K? If so John V made $280 on every unit sold. Not a bad gig
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Re: Xerox & Fuji Film Coming down to the Wire
Makes sense, although I’m not convinced a billion dollars would deter HP inc. With their recent turmoil from supplies disconnect who knows. To get to their goals they will need a better more mature hardware range that includes office light production and they need it fast. From what I have seen the page wide technology still has a way to go not to mention the integration of the Samsung’s engines the failure rates are substantial. next 1-2 years is going to be majorly transforming for our...
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Re: Xerox & Fuji Film Coming down to the Wire
wow, there are that many failures with the Samsung print engines?
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Re: Xerox & Fuji Film Coming down to the Wire
I’m sure the engines are probably ok but dropping their formatters and drivers on top have allot of teething issues. In HP world they have a 49.xx error which is generic formatter/driver issue. I know a few dealers have dropped them and gone back to their original brands because of the high labour costs. It’s all very new technology I’m sure they will get it right after a few more generations
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Re: Xerox & Fuji Film Coming down to the Wire
As one of the top 10 HP dealers in the country it has been our experience that the HPs (Both Pagewides and the Samsung engines) have run well. We have been an HP Dealer for several years now and we have seen no evidence of a high failure rate. In fact just the opposite has been true. As one customer phrased it "Oh it's an HP? they just run!). My $0.02 Vince McHugh vince.mchugh@necsoffice.com
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Re: Xerox says exploring potential deal for financing business
Maybe HP buys the finance business. should fit right in with their global finance expansion. Not to mention HP will eventually buy the entire Xerox business, as soon as carl gets all the operating cost lower. Xerox is working on a strategy to sell. It won't be long before HP opens the garage in Palo Alto and welcomes the new team from Rochester.
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FUJIFILM RECEIVES ALUMINUM TARIFF TAX EXCLUSIONS
FUJIFILM RECEIVES ALUMINUM TARIFF TAX EXCLUSIONS Hanover Park, Ill., January 23, 2019 – FUJIFILM North America Corporation, Graphic Systems Division announces tariff tax exclusions on its aluminum offset printing plates, currently making it the only major printing plate manufacturer in the U.S. to earn exclusion. Fujifilm has proactively worked with industry associations and the Federal Government to address the unintended consequences of the tariffs applied to the sales of aluminum offset...
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NICK RODER JOINS FUJIFILM TO LEAD SALES FOR MID RANGE WIDE FORMAT PRESSES
NICK RODER JOINS FUJIFILM TO LEAD SALES FOR MID RANGE WIDE FORMAT PRESSES Hanover Park, Ill., December 4, 2018 – FUJIFILM North America Corporation, Graphic Systems Division announces Nick Roder as the new national sales manager for the renowned Acuity family of wide format presses. With more than 30 years in the graphics industry, Nick’s experience includes leadership within sales, new digital product launches, and people management. “I’m excited to be joining Fujifilm,” said Roder. “The...
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FUJIFILM LAUNCHES NEW ACUITY LED 40 SERIES FLATBED PRINTERS
Hanover Park, Ill., February 4, 2019 – FUJIFILM North America Corporation, Graphic Systems Division announces the new Acuity LED 40 Series with instant-on LED curing, the newest addition to the highly successful, renowned Acuity platform. The new Acuity LED 40 Series of mid-volume UV flatbed printers are an innovative solution for customers in the sign and display graphics industry, offering superior print quality and application versatility with rigid or flexible substrates. Designed to be...
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Xerox Investors Say Fuji Will Pounce If Merger Stop Lifted
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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Fujifilm to Showcase Superwide and Wide Format Inkjet Solutions at SGIA Expo 2018
FUJIFILM North America Corporation, Graphic Systems Division will showcase an impressive line-up of new and innovative wide format solutions to print industry experts at SGIA Expo 2018 at the Las Vegas Convention Center, booth #1119, October 18 – 20, 2018. Making its North American debut will be Fujifilm’s all-new Acuity Ultra , a cost-effective high speed, superwide UV roll-to-roll press for the production of high-end interior graphics and outdoor signage. The Acuity Ultra Series is...
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Fujifilm wins appeal in battle with Xerox over aborted merger
TOKYO (Reuters) - Japan’s Fujifilm Holdings Corp has won an appeal in its legal battles with Xerox Corp, with a New York court overturning preliminary injunctions requested by an activist investor that had blocked their planned merger. Xerox in May scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the U.S. photocopier giant to new management. The ruling by the New York State Appellate Court could give the...
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FULL FRAME SIGNS' ACUITY SELECT 28 FROM FUJIFILM OFFERS HIGH QUALITY OUTPUT FOR THE FILM AND TV INDUSTRY
FULL FRAME SIGNS' ACUITY SELECT 28 FROM FUJIFILM OFFERS HIGH QUALITY OUTPUT FOR THE FILM AND TV INDUSTRY Hanover Park, Ill., October 31, 2018 – Full Frame Signs, a Toronto-area based and family-owned print services provider, expands their print capabilities with Fujifilm’s Acuity Select 28, a versatile and economic UV inkjet press for a wide range of creative print applications. “We are part of the film and television industry out of Toronto, and our finished product will appear on camera,”...
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Steve Lynn Returns to FUJIFILM to Lead Inkjet Sales Teams
FUJIFILM North America Corporation, Graphic Systems Division announces the return of Steve Lynn in the new role of Director of Inkjet Sales, leading all inkjet sales initiatives in the Commercial and Sign & Display segments. Steve brings a wealth of experience to the position most notably service and sales leadership within Domino, Inca Digital, Fujifilm and most recently Durst Image Technology U.S. “I am very pleased Steve has chosen to return to Fujifilm,” said Todd Zimmerman, division...
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Fujifilm threatens to compete against Xerox if partnership not renewed
(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
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 explores sale of leasing finance unit: sources
(Reuters) - Xerox Corp is considering the sale of a leasing unit that lends money to customers to rent printers and equipment, to make itself more attractive to potential acquirers following the termination of its $6.1 billion sale to Fujifilm Holdings Corp, people familiar with the matter said on Friday. Divesting the leasing unit would relieve Xerox of roughly $3.6 billion in debt, one of the sources said. Activist investors Carl Icahn and Darwin Deason, who took control of Xerox earlier...
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Xerox shareholders stay silent, dashing Fujifilm's hopes of deal
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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5 Ways Xerox CEO John Visentin Plans To Boost Sales
It's A New Day At Xerox New Xerox CEO John Visentin took the first 15 minutes of the company's second-quarter earnings call to catalog some of the firm's strengths, weaknesses, and how he plans to increase revenue and modernize processes at the aging technology powerhouse. Visentin was named CEO on May 13 following a high-profile legal battle between activist investors Carl Icahn and Darwin Deason and entrenched board members over the companies proposed sale to Fujifilm. Following a legal...
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MFP Industry News August 5th 2018
Xerox and Fujifilm battle update - Nikkei Asian newspaper interviewed Shigetaka Komori, CEO of Fujifilm; "Fujifilm can grow without the acquisition (of Xerox), which does not mean we will lose our future." o is continuing its attempts to acquire Xerox, but has denied it will make any compromise, even if it fails in the bid. o "We would not go as far as to raise our terms of acquisition, set in January, to realize the deal." o "It will be better if we can buy Xerox", but the acquisition "is...
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Fujifilm denies any compromise for acquisition of Xerox
TOKYO -- Fujifilm Holdings is continuing its attempts to acquire Xerox, but the Japanese company has denied it will make any compromise, even if it fails in the bid. The acquisition of the major U.S. office equipment maker is "not indispensable" for Fujifilm's growth, said Shigetaka Komori, chairman and CEO of the Japanese photography and imaging company, during an exclusive interview with Nikkei on Friday. "We would not go as far as to raise our terms of acquisition, set in January, to...
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SGIA EXPO 2018 ENDS STRONG FOR FUJIFILM
SGIA EXPO 2018 ENDS STRONG FOR FUJIFILM Hanover Park, Ill., October 29, 2018 – FUJIFILM North America Corporation, Graphic Systems Division’s innovative superwide and wide format inkjet solutions attracted large crowds at SGIA Expo 2018 in Las Vegas. With more than 24,000 industry professionals at the show, an impressive amount of attendees experienced new and advanced Fujifilm technology within its ‘Win even more work’ themed booth, resulting in successfully signed contracts. International...
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FUJIFILM ANNOUNCES THE ALL-NEW J PRESS 750S, FASTEST FULL COLOR B2 PRODUCTION DIGITAL INKJET PRESS ON THE MARKET
FUJIFILM ANNOUNCES THE ALL-NEW J PRESS 750S, FASTEST FULL COLOR B2 PRODUCTION DIGITAL INKJET PRESS ON THE MARKET The J Press Series – empowering creativity and flexibility to expand business potential Hanover Park, Ill., November 14, 2018 – FUJIFILM North America Corporation, Graphic Systems Division announces the all-new third generation J Press 750S, available in North America by year-end, with an unsurpassed level of productivity from this inkjet press; generating 3,600 B2 sheets per...
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FUJIFILM DIMATIX TO SHOWCASE INNOVATIVE INKJET TECHNOLOGIES AT LOPEC 2019 IN GERMANY
FUJIFILM DIMATIX TO SHOWCASE INNOVATIVE INKJET TECHNOLOGIES AT LOPEC 2019 IN GERMANY Lebanon, NH, March 19, 2019 – FUJIFILM Dimatix, Inc. will demonstrate its piezoelectric inkjet technology and its high performance MEMS based drop-on-demand printheads at the upcoming LOPEC trade fair for printed electronics, March 20 – 21, 2019, in Munich, Germany. Within booth numbers 402 and 404, in Hall B0, FUJIFILM Dimatix will showcase the Dimatix Materials Printer DMP-2850 , a cost-effective,...
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It’s back on: Fujifilm’s $6.1 billion bid for Xerox revived after court ruling
Fujifilm Holdings has won a legal challenge against a New York court decision that blocked its proposed $6.1 billion takeover bid for iconic US printer and photocopier manufacturer Xerox Corporation. The New York State Appellate Court has dissolved a preliminary injunction issued by the New York State Supreme Court in April 2018 that stopped the deal that would merge Xerox into joint venture Fuji Xerox - which Fujifilm would then control with a 50.1 percent stake. Fujifilm welcomed the news...
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SOUTHERN CARTON EXPANDS INTO WIDE FORMAT WITH FUJIFILM’S PINNACLE ONSET X3 UV FLATBED
SOUTHERN CARTON EXPANDS INTO WIDE FORMAT WITH FUJIFILM’S PINNACLE ONSET X3 UV FLATBED ‘The Onset X3 is a game-changer for us’ Hanover Park, Ill., November 29, 2018 – The Onset X3, a full-bed wide format UV inkjet flatbed printer provides more opportunities at Southern Carton, a family owned and operated third generation solutions company specializing in packaging, based in Lewisburg, Tennessee. With a maximum throughput of nearly 10,000 square feet per hour, the Onset X3 is ideal for...
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Xerox Production Presses Question
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
“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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Xerox/HP merger update
- Xerox press release stated: “In the past week, HP adopted a poison pill, expanded the size of its board and misrepresented the discussions that led to our offer, none of which will create value for shareholders. We’ve made a compelling offer, and HP should let shareholders decide what is in their own best interest without artificial constraints or factual distortions.” - HP is reportedly looking into other acquisitions--potentially seeking to combine forces with companies besides Xerox o...
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Xerox wins production print contract
- Award from Georgian Copy & Printing of Barrie, Ontario, Canada - Installed a new Iridesse production color laser system (which is manufactured by Fujifilm) - Includes CMYK plus gold and silver toners
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Fujifilm is first to incorporate Adobe Mercury RIP architecture in upgraded XMF Workflow V6
Fujifilm Australia is set for a major assault on the graphic arts workflow market in 2015, with major new upgrades to its XMF workflow in version 6 and the first deployment of Adobe’s new Mercury Rip Architecture. Additionally, XMF Remote R10 will allow remote previewing and proofing of jobs over the internet using HTML 5. XMF V6 includes the Adobe PDF Print Engine 3 (APPE3) and, together with Mercury RIP Architecture, the boosted workflow achieves dramatic improvements in file processing...
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Solo Printing Opens First Digital Print Department With Xerox Products and Solutions
Friday, December 16, 2016 When Miami-based Solo Printing was ready to open a new digital printing department, it turned to Xerox and Xerox reseller Fujifilm for its first digital press, workflow software and sales training. Solo has equipped the new department with a Xerox Color 1000i Press and software from Xerox, XMPie and Fujifilm, with an aim to extend its record of six straight years of double-digit growth. “Based on what our current customers were asking for and industry trends toward...
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Fujifilm to Showcase 'Stunning' Wall of Wide-Format Print Applications at SGIA Expo
HANOVER PARK, Ill. — August 31, 2016 — Fujifilm North America, Graphic Systems Division will present the latest innovations in wide-format print applications with a visually-stunning wall of printed samples that will showcase the capabilities, and impressive print quality delivered by an exciting line-up of innovative Fujifilm wide-format printing solutions at the upcoming SGIA Expo in Las Vegas. Live presentations and hands-on demonstrations of equipment will be regularly held throughout...
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Fujifilm-Xerox Venture Ousts Executives Over Accounting Trouble
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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Xerox and Fujifilm get divorced
- 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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STOUSE STANDS OUT WITH FUJIFILM SCREEN INKS AND THE INCA ONSETM DIGITAL INKJET PRESS
Hanover Park, Ill., November 19, 2019 – Stouse, LLC, a New Century, Kansas-based print services provider offering digital, screen and flexographic printing stands out with Fujifilm screen inks and the Inca OnsetM , a small-format, high quality digital printer for the commercial, display graphics, packaging and industrial print markets. “We are not just a printer, we are a trusted partner with a quality operation,” said Dave Christensen, chief technology officer, Stouse , LLC. “We’re...
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Fujifilm reports its earnings
Fujifilm reports its earnings - total revenue for the first half was down 3.2% to 1,132.1 billion yen - operating income was 92.0 billion yen, up 9.7% - net income down 3.05 billion yen to 149.38 billion yen - Document Solutions group (printers, MFPs, PPS) revenue down 2.5% to of 485.3 billion yen o operating income up 26.9% to 54.9 billion yen o says sales were down in the United States
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Fujifilm to terminate Xerox
- Nikkei Asian News is reporting that Japan's Fujifilm Holdings will terminate its sales partnership with U.S.-based Xerox in office equipment at the end of March 2021 - will not seek to renew a contract setting out trademark rights and regional sales boundaries between two companies - Fujifilm will lose the right to use Xerox brand and will have to sell its products under its own brand o Fujifilm may attempt to start a dealer network in the U.S. - Xerox, meanwhile, will be able to enter...
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GRAPHICOLOR PRINTING DOUBLES WIDE FORMAT REVENUE WITH FUJIFILM’S ACUITY SELECT 26
Hanover Park, Ill., January 7, 2020 – Graphicolor Printing, Inc., a Milwaukee-area based full-service commercial printer has doubled year-over-year wide format revenue with its line-up of Acuity digital inkjet presses from Fujifilm, including the Acuity Select 26 , a versatile and high quality flatbed press offering print service providers like Graphicolor opportunities to expand output capabilities on rigid and flexible substrates. Upwards of 20 years ago, Graphicolor Printing, Inc. opened...
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Fujifilm-Xerox update
- 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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Fujifilm wins wide format contract
Fujifilm wins wide format contract - Award from Graphicolor Printing, Inc. of Milwaukee, WI - installed Acuity Select 26 color inkjet flatbed press - used to produce products for movie theaters, grocery stores, etc. - device uses piezo crystal inkjet printheads and UV curable inks
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FUJIFILM DIMATIX TO SHOWCASE POWERFUL INDUSTRIAL INKJET PRINTBAR INNOVATIONS AT PACK EXPO LAS VEGAS
FUJIFILM DIMATIX TO SHOWCASE POWERFUL INDUSTRIAL INKJET PRINTBAR INNOVATIONS AT PACK EXPO LAS VEGAS Lebanon, NH, September 10, 2019 – Advanced inkjet printbar technologies developed by FUJIFILM Dimatix, Inc. will be showcased at the upcoming PACK EXPO Las Vegas, September 23 - 25, 2019, at the Las Vegas Convention Center. Featured in the FUJIFILM Dimatix booth C5000 at PACK EXPO Las Vegas will be the Samba ® Mini 4300 Series Industrial Inkjet Printbar System for the development, commercial...
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Fujifilm's Komori says health care can double to $10bn business
TOKYO -- Fujifilm Holdings aims to roughly double sales in its health care business to crack 1 trillion yen ($9.24 billion) in the next several years, seeking to build a new reliable income driver as its mainstay copier business stagnates. The Tokyo-based company wants to win more orders to develop biopharmaceuticals on a contract basis while also focusing on medical equipment and information systems for hospitals, Chairman and CEO Shigetaka Komori said in an interview with Nikkei. The...
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FUJIFILM FINISHES STRONG AT PRINTING UNITED 2019
FUJIFILM FINISHES STRONG AT PRINTING UNITED 2019 Global audience experienced new inkjet innovations Hanover Park, Ill., October 30, 2019 – As a Diamond Sponsor of the inaugural PRINTING United trade show with a dominant presence, Fujifilm ended the three-day event with multiple signed contracts for its innovative solutions. “Fujifilm experienced great success in Dallas,” said Todd Zimmerman, division president, FUJIFILM North America Corporation, Graphic Systems Division, and corporate vice...
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INTERNATIONAL LABEL INCREASES WIDE FORMAT REVENUE WITH THE INCA ONSETX3 FROM FUJIFILM
INTERNATIONAL LABEL INCREASES WIDE FORMAT REVENUE WITH THE INCA ONSETX3 FROM FUJIFILM Hanover Park, Ill., November 12, 2019 – Since 1929, International Label & Printing Company has been an innovative leader in the industry, and attributes many of its successes to the Inca OnsetX3 with three-quarter automation, outputting a wide spectrum of point-of-purchase graphics for well-known retail clients. Based near Chicago in Elk Grove Village, Illinois, International Label’s wide format...