On April 18th, HP Inc. held an online Webinar for analysts, providing more information on its progress recruiting office-imaging dealers, as well as more information on its new A3 Managed PageWide copier/MFPs for dealers, new Accessibility Assistant, and new printer security, including a new HP Printer Security Plug-In.
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The WorkForce Pro ET-8700 features Epson’s innovative Replaceable Ink Pack System (RIPS) technology in a new compact form factor, with up to two years of ink included in the box – enough to print up to 16,000 black pages (based on average monthly print volumes of about 450 pages) and 11,000 color pages.
HP also announced that, following its acquisition of Samsung’s printer business in November 2017, its Suwon, Korea, location is now officially named “HP Printing Korea.”
With print speeds of up to 150 ppm in A4 mode (146 ppm in Letter-size mode), regardless of media type, the firm says that this full-color production inkjet printer is ideally suited for print service providers (PSPs) and customers looking to run medium to large volume print jobs in-house at an attractive price point.
HP is using Multi Jet Fusion 3D printers in its Print, Personal Systems, and 3D Printing business units.
On Wednesday, Xerox also said that Xerox shareholders should disregard information from Icahn and Deason, stating the two are conducting a “highly disingenuous campaign” that distorts and omits key facts about Xerox and the proposed merger.
The company says it plans to invest about 9.0 billion yuan (about $1.43 billion) in the project.
Xerox shareholders will vote on the proposed merger of Xerox with Fuji Xerox sometime next month.
On April 18th, MPS Monitor SDS, the Software-as-a-Service (SaaS) solution for remote management of printers and for managed print services, released a new version that’s said to revolutionize technical-support services for HP printers and copier/MFPs.
Advertisements Xerox reported today that is managed print services (MPS) customers will now have the opportunity to contribute to the...
The new Canon IVY printer uses ZINK Zero Ink Technology from Canon partner ZINK, and prints in full color without requiring ink cartridges.
On April 17th, activist investors Carl Icahn and Darwin Deason, seeking to stop Fujifilm’s acquisition of Xerox for $6.1 billion and the creation of a new combined Xerox-Fuji Xerox, released a detailed presentation, Rescuing and Revitalizing an American Icon, that presents alternatives to the proposed deal.
The agreement is said to make it simple for agencies to purchase Xerox offerings ranging from single-function desktop printers, to high-end digital presses, managed print services (MPS), software offerings, centralized print services, and workflow automation solutions. The National IPA agreement extends through February 2021.
In the letter, the two investors, who together hold approximately 15 percent of Xerox shares, state that “Both the substance of the proposed value-destroying transaction and the conflict-tainted process by which it was hatched are an insult to long-suffering Xerox shareholders and make a mockery of well-established corporate governance norms.”
Continuing to enforce its imaging-supplies patents across the globe, Canon Inc. of Tokyo, Japan, today announced the conclusion of a patent-infringement lawsuit.
In an online Webinar, Lexmark executives noted that the firm’s primary focus with the new models, which are for small and mid-size work groups, were faster print and scan speeds; easy-access service items; tablet-like touchscreen; and higher toner yields – up to 25,000 pages.
In Deason’s complaint, he refers to the president of another company making an inquiry about “combining” with Xerox.
“The printing industry has been through a continued decline and we see a consolidation of key players.”
The battle between Xerox and activist investors Carl Icahn and Darwin Deason has become even more acrimonious, with new amendments to a Deason lawsuit alleging that Xerox CEO Jeff Jacobson pursued a deal with Fujifilm even after Xerox’s board advised him to stop negotiations.
Advertisements This week in the printing and imaging industry was notable for two high-speed inkjet announcements from two vendors, with...