This Week in Imaging: Paperless Printing; HP Financials; Toshiba Shoring Up Finances; More

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Photo credit: Kathy Wirth

One thing that caught our eye this week was a new app developed by a Long Island bookkeeper. The app, called FleetSheet, is pretty nifty. In a nutshell, it lets users simply click on “print” to send a document displayed on their PC monitor to a paired smartphone or tablet. Instead of a printed document, the user simply consults their smartphone or tablet. Plenty of users will probably use this, as it’s more secure – it broadcasts directly to smart devices connected to the same Wi-Fi network – and is faster and more convenient than emailing a document to multiple recipients.

Our Toshiba watch continues this week, with Toshiba taking more steps to shore up its finances, including issuing shares, and seeking to selling Westinghouse Electric. The latter is complicated, as Westinghouse Electric is proceeding through Chapter 11 and Toshiba is responsible for some of the debt that Westinghouse owes its creditors. By selling Westinghouse, Toshiba’s also seeking to pay off some of the Westinghouse debt it must pay at an earlier date in order to avoid any disadvantageous yen-dollar exchange-rate changes. These moves, along with last week’s announcement that it would try to also sell its display and TV business (along with its continuing strategy to sell Toshiba Memory Corporation) are all designed to repair its negative balance sheet – something it must do in order to avoid being de-listed from the Tokyo Stock Exchange.

Financial News

HP Reports Third Consecutive Quarter of Revenue Growth, Raises Forecast – Read more here.

Toshiba Seeking to Sell Westinghouse Electric, But Not PC Business  – Read more here.

Nasdaq Sends EFI Notice Regarding Delay in Required Filing – Read more here.

Executive-Management News

Meg Whitman Steps Down as CEO of HP Enterprise – Read more here.

Office-Imaging News

Epson Europe Pursues Copier/MFP Market with New Equitrac Office/Express, eCopy ShareScan Compatibility – Read more here.

Konica Minolta Said to Be Closing Connecticut Facility, Transferring Employees – Read more here.

FleetSheet App Turns Smartphones and Tablets into Paperless ‘Printers’ – Read more here.

Acquisitions

Marco Continues Acquisition Strategy with BusinessWare Purchase – Read more here.

Commercial- and Production-Printing News

EFI Releases New Version of High-Performance Fiery Controller for Inkjet Production Printers – Read more here.

Market-Research News

Continuing Decline in Western Europe Printer/MFP Market, But Inkjet Sees Uptick – Read more here.

India’s Printer/MFP Market Records Record Shipments; Epson Inkjet Overtakes HP – Read more here.

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November 2017

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