This Week in Imaging: The Officejet That Could, Plus, Ninestar/Lexmark Financials
While we often hear about the many user frustrations associated with office printers, this week we’d like to give a shout-out to the HP Officejet printer that could, specifically, our own OfficeJet X555. We hadn’t used this printer in several months – seven months in fact – and were cautious about what to expect. After a few easy-to-perform print-head cleanings that took just about 10 minutes, however, our printed output was just fine.
Meanwhile, among other company earnings, this week we reported on Ninestar’s latest financial results. The China-based company, which, along with a consortium of investors, purchased Lexmark International in 2016 for $3.6 billion, continues to report higher earnings and revenue since that acquisition, seeming to confirm expectations at the time that the acquisition would improve Lexmark’s fortunes by enabling it to expand into Asia, with former CEO Paul Rooke commenting in 2016: “With the Consortium’s resources, we will be able to continue to invest in and grow the business to more fully penetrate the Asia-Pacific market for hardware, software and managed print services.” NInestar, as we reported last month, also announced that it plans to acquire Lenovo’s printer business.
This Week in Imaging:
Xerox Discusses First-Quarter Results, Lay-Offs, 3D Printing
Ninestar Reports Results for Fiscal Year
Ricoh Targeting Industrial, Textile, 3D Bio-Printing
Canon Leader in U.S. MFP/Copier Market
New Canon Color imageCLASS MFPs with Auto Toner Replacement
Profits Up, But Revenue Down For Epson’s Fiscal Year
New EFI Fiery Servers Deliver up to Two-Times Faster Processing Speed
OKI Reports Impairment Loss, But Increases Fiscal Forecast
Marco Acquires Accent Business Solutions
Fisher’s Technology Acquires ABC Office Equipment
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