The burgeoning 3D printing industry could potentially wipe out about a quarter of globe trade by 2060 according to ING. Bloomberg’s new article penned by Jeanna Smialek reveals that the growth of 3D printing could result in about a quarter of global trade being...
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Visual Edge makes 4th acquisition this year
Visual Edge Technology, Inc, has completed the acquisition of Connecticut-based American Copy Service Centre, Inc. Making its 14th acquisition in the last few years, and the 4th this year alone, Visual Edge has revealed that it has completed the acquisition of the...
Office Depot makes $1 billion acquisition
The company has announced that it will be buying CompuCom for $1 billion (€0.84 billion) to enable it to provide business customers with new tech services. According to a new article by Bloomberg, the office supply company, Office Depot Inc., will be purchasing...
Fuji Xerox faces new investigation
New Zealand’s Serious Fraud Office has revealed that it has re-opened its investigation into scandal-wracked Fuji Xerox subsidiary. Stuff reports that the Serious Fraud Office is taking another look into the affairs of Fuji Xerox NZ, after previously closing...
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Konica Minolta buys Muratec America, Inc.
Konica Minolta Business Solutions U.S.A., Inc. has acquired Muratec America, Inc., a supplier of multifunction (MFP) solutions and a provider of managed document and cloud services in North America. Konica Minolta reported the acquisition, which closed 01 August, will...
Warning! Scam letters reappear
The ‘Expo-Guide’ scam has reappeared, with The Recycler sent another of the firm’s letters. The letters have this time been sent by a Uruguay-based company International Fairs Directory to those who have exhibited at industry events, asking them to validate and update...
Spicers relaunches Brilliant Partners programme
Spicers announced the relaunch of their Brilliant Partners programme. The wholesaler of Office Supplies in the UK confirmed the relaunch of their Brilliant Partners programme at a recent briefing to customers and suppliers. Designed to facilitate business growth for...
Sharp grows in Q1 but reports “sluggish” MFP sales
Sharp has released their consolidated financial results for the first quarter of the fiscal year 2017, which ended 30 June 2017. Sharp report net sales rose 19.6 percent year-on-year to ¥506.4 billion ($4.5 billion/ €3.8 billion). Growth this quarter expanded from 7.9...
Clover releases 8th annual sustainability report
Clover Technologies Group has released their annual sustainability report highlighting major environmental achievements and charitable initiatives from its global enterprises undertaken in 2016.
Xerox reports revenues are down
Xerox released its second quarter 2017 earnings posting a total revenue of $2.57 billion (€2.17 billion), down 8.1 percent. Revenues were $2.57 billion (€2.17 billion) in the quarter, down 8.1 percent or 6.4 percent in constant currency. Post sale revenue was 79...