HP Inc. CEO and President Dion Weisler commented: “We delivered another quarter of double-digit year-over-year revenue and profit growth, strong EPS (earnings per share) and impressive free cash flow and performed well across segments and regions.”
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The Mopria Scan app enables users to use their printer or copier/MFP’s scanner to save documents directly to their Android smartphone or tablet.
Canon emerged as the market leader across three categories: 2017 Total A3 U.S. copier/MFP (monochrome and color), 2017 Total U.S. A3 Copier/MFP (monochrome), and 2017 Total U.S. A3 Copier/MFP (color).
Visentin assures employees that Xerox will continue “to run the business well” and support its thousands of customers.
Bloomberg also reported that Fujifilm COO Sukeno said that wants to explain to Xerox shareholders that the merger with Fuji Xerox is the only option for Xerox to grow and have a future. A combined entity would be more efficient, he said.
While the new Xerox board was scheduled to meet this week to discuss alternatives, Icahn’s previously published report, “Rescuing and Revitalizing an American Icon,” may provide some clues about what will happen next if Xerox isn’t sold.
Through a new partnership, Brother is providing scan-to-translate functionality enabled by thebigword language-translation services.
HP notes that the market for large photo merchandising grew seven percent in 2017, according to InfoTrends, with nearly 1.3 trillion photos taken in the same year, according to The New York Times.
Robert J. Keegan, Charles Prince, Ann N. Reese, William Curt Hunter, and Stephen H. Rusckowski each resigned from the Xerox Board of Directors.
“Through all the external noise there is something that remains very constant and clear – our commitment to you. Beyond the headlines is a team of people who ARE Xerox. We are the 35,000 people who come to work every day to create great products and solutions, and to deliver great service to our customers and partners around the world.”
Icahn and Deason claim they have been “approached by pretty much every major financial sponsor, and they have all expressed interest in Xerox.”
In the letter, the board noted that Icahn and Deason have targeted management and the board with “personal, unsubstantiated attacks that we believe have been damaging to Xerox.”
“We see several paths to victory – but none of them involve selling a 50.1% interest in Xerox in a deal that offers no control premium and leaves shareholders vulnerable to oppression by an overlord that is embroiled in an ever-widening accounting scandal,” said Icahn and Deason.
“The brazen self-interest of the Xerox Board defies description,” stated Carl Icahn, who blamed the Xerox board for letting the deal expire.
Steve Young, president and CEO of Square 9 Softworks, explained that Square 9 has been working with Panasonic for close to two years, noting, “We’re trying to re-define the notion of (document) capture…and the reach of capture.”
The new Xerox board will meet immediately to discuss alternatives to the proposed Xerox-Fuji Xerox merger.