Xerox shareholders will vote on the proposed merger of Xerox with Fuji Xerox sometime next month.
Xerox reported today that is managed print services (MPS) customers will now have the opportunity to contribute to the reforestation...
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.”
In Deason’s complaint, he refers to the president of another company making an inquiry about “combining” with Xerox.
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.
In addition, a hacker can easily create a rogue access point and trick you into connecting. It will look legitimate, but it’s malicious.
Perhaps nothing has better illustrated the vulnerability of digital systems to security breaches than the ongoing hacking of the government...
Security expertise will be the leading supplier selection criteria in 2025, according to 58 percent of organisations, increasing from 43 percent in 2017.
The men allegedly then sold the toner supplies for approximately $11 million to someone in Miami, Florida.
The report valued the global managed print services market at $28.63 billion in 2016.
U.S. District Court Judge Charles J. Siragusa also sentenced Ofstein to five years of probation.
This Week in Imaging: HP Takes Printing from Offices, to Dorm Rooms, Factories, Car-Wrap Shops, and More
As for HP’s new Latex Series R printers announced this week, they’ll be able to print on rigid materials for producing items such as car wraps, wall coverings, canvas prints, outdoor and indoor signs, etc.
In the United States, the Association of American Publishers reported that e-book sales declined 18.7 percent over the first nine months of 2016, with paperback sales up 7.5 percent over the same period, and hardback sales up 4.1 percent.
In this most recent letter, Icahn argues that there is “tremendous value in a stand-alone Xerox with new management.”