Sharp terminate agreement with Xerox

Oct 29, 2012

Xerox Global Imaging will no longer be able to purchase Sharp hardware and accessories as of 26 November.

Industry Analysts has reported on Sharp Electronics’ recent decision to cease their agreement with Xerox Global Imaging Systems (GIS) as of 26 November 2012. As of this date, Sharp will no longer allow GIS to purchase its hardware or accessories.

However Sharp Senior Vice President of Sales Rich Boomsma has confirmed that the OEM has “agreed to provide supplies and parts at an increased cost” to the document management company.

Sharp has recently faced a substantial number of setbacks, and recent news surrounding the OEM has led to predictions that Sharp will be leaving the office equipment business. However Industry Analysts’ Andy Slawetsky remarked: “[It] makes me wonder how dire are things at Sharp’s business products unit truly are if they are able to leave money on the table and cut Xerox off like this.”

The OEM has acquired a significant number of dealers in recent months, eclipsing recent years, including 3Point Technologies, Southern Duplicating, Alpha Laser, Hansen Associates, Inc., Pronet Image and Information Technology, and Malone Office Environments.

Within a deluge of rumour, Sharp has categorically denied the sale of its businesses, specifically copier and air conditioning, in a letter from President Doug Albregts. However the OEM is beset with job reductions, wage cuts, and asset sales.

Search The News Archive