Lexmark International, Inc. has announced that Rich Geruson has decided to resign from his positions as President, CEO and Director of Lexmark for personal reasons, effective immediately. Geruson was named to his position in October of 2017. "On...
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Office Depot in stock buyback
The American office supply company has announced that it is buying back $100 million (€87.7 million) of stock in 2019 to help improve its financial outlook. According to South Florida Business Journal, the stock repurchase programme will begin on January the 1st, in a...
Konica Minolta hires HR specialist
Konica Minolta Business Solutions U.S.A., Inc. has announced that Victoria (Vicky) Ringwood has joined the company as Senior Vice President of Human Resources. In her role, the OEM says Ringwood will work in partnership with Konica Minolta CEO, Rick Taylor in order to...
MPS Systems names new VP
MPS Systems North America has appointed Michael Weyermann as its new Vice President of Sales and Marketing. This appointment, effective immediately, follows the departure of the company’s President after one year in the role. Weyermann has been with MPS Systems since...
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Half-Year increases for Brother
The OEM has published its financial results for the first half of the current fiscal year, ending September the 30th, with the Japanese company seeing a rise in profits. The firm’s operating profit rose in HY1 to ¥38.03 billion ($336.1 million/€294.8 million), a 21.5...
Kyocera forecasts the future
The OEM has been making some predictions for what 2019 may have in store for the print and IT sectors. Cameron Smith, head of sales - ICT and content services, KYOCERA Document Solutions UK says, "For me, the future of the IT industry is all about the consolidation of...
Clover Wireless adds TSSI
Clover Wireless has announced the acquisition of TSSI, a high-volume remanufacturer of in-warranty and out-of-warranty IT electronic assets including laptops, tablets and other personal electronics. The combined companies will offer a full-service lifecycle management...
BBT acquires Technocopy Solutions
BBT, the print services company, has revealed the acquisition of the independent copier and printer supplier following the receipt of a significant funding package. As insider media reports, the Coventry-headquartered BBT “has snapped up Wellingborough-based...
Canadian cartridge store condemns OEMs
MyPrinterShop has been openly condemning printer manufacturers for issuing “deceptive” firmware updates which block third-party cartridges.
ARMOR ribbons in a very challenging application
A major Chinese multinational company, specialising in consumer electronics, has revealed a new thermal transfer solution which makes use of Armor inkanto ribbons. This multinational has four R&D and production facilities in China, explains Armor, and is one of...