Oval Partners Invests in CBE Office Solutions
On August 8th, Oval Partners, a San Francisco-based, multifamily office private equity firm, today announced a new partnership with CBE...
Category: News
This Week in Imaging: Who Says this Industry is Boring?
And what summer doldrums and “slow news”? This past two weeks has been full of drama in the printer/copier industry...
Clover Refutes Report That It’s Been Sold
Clover stated that it has “substantial liquidity” and a “healthy sales pipeline.”
Sharp Expands Direct Sales in Texas
Sharp Imaging and Information Company of America’s direct-sales division, Sharp Business Systems (SBS), announced today that it’s acquired the assets...
Toshiba Reports Loss for First Quarter
Net sales for Toshiba’s Retail & Printing Solutions group were ¥118,297 million, versus ¥116,973 million for the same quarter a year ago
Ricoh USA Opens New U.S. Headquarters
Ricoh Company also announced that it had completed its acquisition of DocuWare.
Sales Slow at Toshiba Tec, but Profits Up
Toshiba Tec of Japan yesterday reported results for its first quarter, which consisted of the three months ending on June......
Ricoh to Produce MFPs Using 100-Percent Renewable Energy
On August 5th, Ricoh Company of Tokyo, Japan, announced that it was committing to an ambitious plan under which it...
Microsoft Warns of Russian Operatives Using IoT Printers to Hack Networks
“These devices became points of ingress from which the actor established a presence on the network and continued looking for further access.”
Revenue, Net Income Down for Brother’s First Quarter
Brother cited a strengthening of the Japanese yen versus other currencies as a factor responsible for lower sales and revenues, but did not change its forecast.
Canon Announces Availability of Kofax AutoStore 8
Canon U.S.A. today announced the availability of Kofax AutoStore 8 for use with Canon imageRUNNER copier/MFPs. Kofax AutoStore 8 is......
Kyocera Shifting Some Copier/MFP Production to Vietnam to Avoid Tariffs
Back in June 2018, Kyocera had announced that it’s building a third factory in Vietnam in order to increase production capacity for its copier/MFPs and printers.
Sales, Profits Slip for Kyocera’s First Quarter
On August 2nd, Kyocera Corporation of Tokyo, Japan, results for its first quarter (April 1 to June 30, 2019). Sales...
U.S. to Impose Tariff on Remaining $300 Billion in Chinese Imports
U.S. President Donald Trump announced yesterday that on September 1st, the United States would impose a 10-percent tariff on the......
Sales, Profits Down for Sharp’s First Quarter
In the first quarter, sales for Sharp’s 8K Ecosystem group (which includes copier/MFPs) were down 9.8 percent year-over-year to ¥262.5 billion
Xerox’s Job Eliminations Estimated at 4,500
Xerox’s global workforce is now estimated to be 28,000 employees, down from last year’s 35,000 employees.
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