Printer parts and service specialist has received an investment from Triangle Capital Corporation. Parts Now, a US-based printer components specialist, has received a $12 million (€9 million) investment from Triangle Capital Corporation, stated as consisting of...
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Epson releases “greener” solvent printers
OEM launches new line of solvent printers in Australia, claimed to have “better productivity”. CRN Tech reports on the release of a new line of Epson SureColor S-series solvent printers for the Australian market, which are specifically designed for producing...
Canon to bid for ownership of IRIS
OEM will bid on Belgium document recognition company for approximately €70 million. Reuters has reported on a forthcoming bid from printer manufacturer Canon to purchase Belgium document recognition company IRIS, offering €44.50 ($57.98) per share for a total of...
Chinese remanufacturing company to expand with help from German university
Scientists from Bayreuth University and Fraunhofer engineers will help MINGJIE Resources in expanding its operations, as the Chinese remanufacturing industry reportedly seeks to expand. MINGJIE Resources, a Chinese recycling and remanufacturing company looking to...
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Brother Ireland launches 12 laser and MFPs
Printers released by OEM designed for SMEs and workgroups. TechCentral.ie reports on the release of Brother Ireland’s 12 new laser and all-in-one printers, which are designed to provide “high-quality, high-volume printing” whilst saving on printing costs through...
OKI Data Australia appoints reseller to expand distribution
Leading Edge Computers becomes new reseller for OEM. OKI Data Australia announced the appointment of Leading Edge Computers as a reseller of the company’s products, allowing access to an additional 140 independent IT specialist companies predominantly in rural and...
Breaking News: K+U Printware and Collecture acquired by Clover
US remanufacturing firm Clover Holdings has announced the acquisition of Germany-based toner remanufacturer K+U Printware, and its wholly own subsidiary Collecture.
Mark Perry, Managing Director of Clover Technologies Group Europe, commented: “K+U has been one of the leading European manufacturers of supplies over the last decade. Its addition to the Clover group is a further endorsement of Clover’s commitment to providing a sustainable and well-resourced sales and distribution network to our Western and Eastern European business activities.”
Epson reports losses for Q1
OEM loses ¥34.5 million ($441,000/€358,000) in Q1 2012, blames decline in demand. Epson has reported a decline of 14.4 percent in sales for Q1 2012 compared to that of the same quarter in 2011, falling from ¥217.7 million ($2.8 million/€2.2 million) to ¥186.4 million...
Sharp predicted to cut thousands of jobs
Several thousand layoffs predicted following expected quarterly losses as high as ¥100 billion. Printer manufacturer Sharp is predicted to lay off several thousand jobs and sell a number of office buildings in Tokyo by Japan Daily Press and Reuters, as analysts...
Konica Minolta aims to double commercial printer sales
Japanese OEM’s objective to “more than double” digital commercial printer sales in three years. Reuters reports on Konica Minolta’s plans to broaden its product range and expand its presence in emerging markets over the next three years, aiming to double sales of its...