News Archive

ACCC voices concerns on acquisition of OfficeMax

The Australian Competition and Consumer Commission has flagged initial concerns in relation to the proposed acquisition of OfficeMax Australia by Platinum Equity. Platinum Equity recently acquired the Australian and New Zealand businesses of Staples Inc. The ACCC...

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Epson holds opening ceremony for new plant

Epson opened its new inkjet printer plant in the Philippines with a ceremony held 25 August. Seiko Epson Corporation announced that Epson Precision (Philippines), Inc., a manufacturing subsidiary of Seiko Epson Corporation, held a ceremony on August 25 to celebrate...

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HP Inc’s third quarter “outstanding”

HP Inc reported fiscal year 2017 third quarter results showing for the quarter a net revenue growth of 10 percent. The OEM reported that the third quarter net revenue is $13.1 billion (€11.1 billion), up 10 percent from the prior-year period. Third quarter GAAP...

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Lexmark partners with Intelligent ID

The two companies have combined their expertise to develop a solution for security threats to printers. Print security often has gaps between the different stages and the documents and networks so the launch of the Lexmark Secure Document Monitor (LSDM) with...

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Cerberus increases offer for Staples

The capital management company has allegedly raised its price for the acquisition of Staples. According to Benzinga Cerberus has upped its offer from $5.8 billion (€5.16 billion) (which was rejected by Staples) to $6 billion (€5.34 billion). Shares in Staples went as...

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Ricoh UK awarded NHS procurement place

The company announced that it has been awarded a place on the “London Procurement Partnership (LPP) Framework”. The company has a placement on the new Clinical and Digital Information Systems Framework Agreement (CDIS) which the NHS LPP launched. The CDIS has a...

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Ninestar Corp to sell Kofax

The company is to sell Kofax to Project Leopard. 4-traders.com reported that the software company Kofax is to be sold to Project Leopard for an estimated $1.32 billion (€1.17 billion). In May 2017 The Recycler reported that  Lexmark’s software business was...

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Xeretec buys Landscape Group

Xeretec, a Xerox specialist, has bought Landscape Group which will combine HP Inc MPS and Xerox’s MPS expertise, making the company an MPS “powerhouse”.

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