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Top News for the Week of 10/20/2014 – HP 3D Printer on the Way? Wasting Time at the ‘Copier’? More

We know it’s been coming, but it seems October 29th may be the day that HP introduces its first HP-developed 3D printer (HP had at one time been selling 3D printers, but they were sourced from another vendor). We’re just speculating at this point, but HP CEO Meg Whitman has cited slow 3D print speed […]

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Strong Quarter for Lexmark; MPS and Perceptive Software Revenue Forecast to Reach $1 Billion

Lexmark International today reported revenue growth of 3 percent versus the same quarter a year ago, and earnings of $66 million, an increase versus the $65 million for the third quarter a year ago. Both revenue growth and earnings per share exceeded the firm’s forecast. While both Lexmark’s managed print services (MPS) and Perceptive Software […]

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Top News for the Week of 9/8/2014 – Major Initiatives from Xerox, HP, Samsung; Ricoh In-House 3D Printers; More

This week, our big news is from Xerox and Hewlett-Packard, with both companies making big announcements – with Xerox focusing on small- and mid-size business MFPs and more, and HP focusing on printer/MFP security. Of note with Xerox is a new managed print services program available for its channel partners under which channel partners provide […]

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With More than 90 Percent of Shares, Lexmark Set to Acquire ReadSoft

After a protracted bidding war with Hyland Software, Lexmark International reports today that it’s on track to acquire Sweden-based ReadSoft, acquiring approximately 98 percent of ReadSoft shares, with the shareholders of ReadSoft having accepted Lexmark’s revised offer of Swedish Krona (SEK) 57.00 per share. Lexmark is acquiring ReadSoft for approximately $251 million, which it will […]

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Top News for the Week of 9/1/2014 – MPHJ Scan Patents Under Review; Samsung Acquires PrinterOn; New Samsung A4 Models with Enterprise-Level Features; More

Samsung continues to strive to bring enterprise-level performance to its A4 laser series, with the introduction of two new ProXpress standalone laser printers and two new ProXpress laser MFPs this week. The new models support Samsung’s XOA open-development platform for adding Samsung, third-party, and custom-developed solutions, including solutions for document workflow, cost-accounting, and print-fleet management. […]

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U.S. Patent Office to Review ‘Patentability’ of MPHJ Technology’s Scan Patents

In a win for three copier companies, Law360 reports that the U.S. Patent and Trademark Office’s trial board will review two controversial scan patents owned by MPHJ Technology Investments after requests from Xerox, Ricoh Americas, and Lexmark International, which have argued that the two patents are nothing more than a “well-known concept” for allowing PC users […]

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Top News for the Week of 8/18/2014 – New Memjet Print Engine, Printer Revenue Down at HP, More

This week, the big news was Hewlett-Packard’s reporting of its results for third-quarter 2014. The good news is that HP achieved a slight revenue increase after several quarters of revenue decline, the bad news was lower printer revenue, including lower supplies revenue. However, HP CEO Meg Whitman was overall pleased with HP’s performance. According to […]

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Lexmark Increases its Bid for ReadSoft for Third Time, Gains Majority Voting Control

Lexmark International reports that it’s acquired shares from the founders of Sweden-based software maker ReadSoft, gained majority voting control, and that it’s increased its offer price for ReadSoft shares to SEK 57.00. Lexmark International acquired 1,193,580 class A ReadSoft shares, and a further 5,822,390 class B ReadSoft shares, from the company’s founders Lars Appelstål and […]

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Top News for the Week of 8/4/2014 – HP ‘Instant Ink Professional;” Ricoh, Sharp Financials; More

What do you do if the supplies for your product are being made and sold by unauthorized third parties and are cutting into your revenue stream? You either a) enforce your patents through litigation to end the sale of those supplies, and/or b) make your supplies more economical and easier to obtain. Canon Inc. continues […]

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Lexmark Steps up Bidding War for ReadSoft, Increases Offer Price

Lexmark International reports that it’s increased its offer price for all outstanding shares of Sweden-based ReadSoft. This cash offer is Swedish Krona (SEK) 55.50, an 11 percent increase from Lexmark’s July 14th offer of SEK 50.00 for each Class A and Class B share of ReadSoft, for a price of approximately $248 million. The firm says […]

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Top News for the Week of 7/21/2014 – Strong Quarters for Lexmark, Canon; Epson Invests Big in Inkjet; More

Both Lexmark and Canon Inc. continue to report strong financial results. In the case of Lexmark (which has been all quiet on the hardware front lately), revenue from its Perceptive Software division and managed print services (MPS) continues to drive growth. In particular with Lexmark, MPS revenue grew 14 percent compared to the same quarter […]

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Strong Quarter for Lexmark; Growth in MPS; Increases Full-Year Outlook

Lexmark International today reported financial results for the second quarter of 2014, with revenue and earnings per share exceeding its April forecast. Revenue was $892 million compared to $887 million for second-quarter 2013. Net earnings were $37 million compared to second-quarter 2013 net earnings of $94 million – but this was due however to Lexmark benefit from the sale of its inkjet […]

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Top News for the Week of 7/14/2014 – Survey Shows Disparity in Attitudes Towards Digital-Imaging Technologies; Epson Wide-Format Inkjet; Canon Lawsuits; More

This week, Canon U.S.A. released the first of what will be annual surveys that examine the attitudes of both IT and non-IT executives towards key trends in our industry – cloud-based document management, mobile printing, BYOD (Bring Your Own Device), and managed print services (MPS). Unfortunately, it seems IT executives will have to work hard […]

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Lexmark Fires-Off New Offer in Bidding War for ReadSoft

Lexmark International reports that it’s increased its offer price for all outstanding shares of Sweden-based ReadSoft. This is the second time the firm has increased its offer for ReadSoft, having increased its offer to 43.00 Swedish Krona (SEK), a 7.4 percent increase from its original offer of SEK 40.05. The new offer from Lexmark is […]

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Top News for the Week of 6/30/2014 – Good News for Production Printing; Average Copier Sales-Manager Compensation; More

Is this a trend? It sure seems like it. Last week, we reported on IDC research showing that the worldwide large-format printer market enjoyed its third consecutive quarter of growth in terms of both unit shipments and shipment value (7.4 percent and 3.7 percent respectively) for first-quarter 2014. This week, IDC delivered more good news, […]

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Five Vendors Named Global Leaders in Managed Print Services

U.K.-based market research and analyst firm Quocirca has released its report, Managed Print Services Landscape, 2014, which names five digital-imaging vendors the market leaders in managed print services: Xerox, Hewlett-Packard, Ricoh, Lexmark International, and Canon. According to Quocirca, Xerox is currently the leader in the managed print services (MPS) market, with the report stating, “Xerox […]

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Metrofuser Introduces Remanufactured HP Printers, ‘MpsClass,’ Available for Dealers Only

New Jersey-based Metrofuser, which re-manufactures parts for Hewlett-Packard and Lexmark laser printers, is introducing a new line, called MpsCLASS, that consist of laser printers, including color, monochrome, standalone, and MFP, for placement in managed-print environments, and which will be distributed only through dealers. Metrofuser says its MpsClass Printers are typically one-third the price of a […]

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Lexmark’s Perceptive Software Launches MICR Printing Solution for Secure Printing

Lexmark International’s Perceptive Software and Source Technologies have launched Perceptive Secure Print, a software and Magnetic Ink Character Recognition (MICR) printer solution that delivers secure printing for documents, such as checks. . Perceptive Secure Print allows businesses to use blank check stock instead of pre-printed stock, eliminating fraud, while also eliminating the cost of pre-printed […]

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