TOP STORIES

BREAKING NEWS Xerox pulls the plug on HP takeover bid

Xerox announced that it is ending its hostile bid to takeover HP. Xerox will end its tender offer worth more than $30 billion and a proxy campaign to replace the HP board, the Wall Street Journal reported. The company in a statement said, “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE: HPQ) (‘HP’). . ......more


Xeikon announces new SX30000 Digital Press


Xeikon unveiled its next generation dry toner technology for the graphic arts industry. The new web-fed toner press offers the equivalent of over 400 A4ppm, setting it squarely against cut-sheet SRA3 and low-end web inkjet presses as well as B2 toner and inkjet models from other vendors, but with the substrate flexibility and high coverage image quality associated with toner print.......more



NEWS UPDATE
 

Xerox India displays future ready production presses at Pamex
Xerox India showcased its range of future-ready digital printing presses, the IridesseColor Production Press, PrinterVersant V3100, Versant 180PrimeLink C9065/C9070 at Pamex.The company also launched the 100ppm Monochrome press, Prime Link B9100.. ......more


Konica Minolta India appoints Kuldeep Malhotra to Board of Directors
Konica Minolta Business Solutions India has appointed Kuldeep Malhotra to its Board of Directors. Malhotra will be now responsible for major corporate strategic decision-making, business performance, and organisation-wide digital transformation......more


HP Inc. rejects Xerox offer but open to deal options
HP’s board of directors have unanimously rejected a proposal from Xerox to acquire the company, because the offer is not in the best interest of shareholders.......more


Xerox launches PrimeLink C9065/C9070 with embellishment capabilities
With speciality printing being one of the fastest-growing digital segments, Xerox developed the Xerox Adaptive CMYK Plus Technology designed for the all-new Xerox PrimeLink® C9065/C9070 Color Printer. ......more


Xerox offers to take over PC, Printing giantHP Inc.
As reported in the Wall Street Journal, Xerox, in a surprise bid, has offered to takeover HP Inc. for about $30 billion USD. HP acknowledged there are ongoing discussions between the two companies and that it received an offer letter from Xerox.......more


Mark Andy Develops Certified Digital Press Rebuild Program
With the introduction of second-generation digital presses, Mark Andy recognized an opportunity to further support converters through expanding their certified rebuild presses to include reconditioned Digital One and Digital Series presses......more


Fujifilm to own 100% of Fuji Xerox
Fujifilm has bought Xerox’s 25 per cent share in Fuji Xerox for US$2.3b with the company that was established 57 years ago as a joint venture to serve the Asia Pacific markets now wholly in the hands of Fujifilm.......more


OnPrintShop introduces simplified Web2Print solution for HP Indigo digital presses
OnPrintShop, a leading print IT business, today announced it will collaborate with HP to deliver its easy-to-use web2print solution via HP PrintOS for HP digital presses. ......more


Fedrigoni acquires Ritrama
Italy-based Fedrigoni has signed an agreement to acquire Italian self-adhesive products makerRitrama. Ritrama, whose products include coated and uncoated roll label paper for consumer product packaging as well as airport luggage tags, reported sales of 400 million euros in 2018. .......more


HP Introduces New Indigo ElectroInks
HP Indigo has announced the release of new special inks for commercial printing — HP Indigo ElectroInk Silver and HP Indigo ElectroInk Premium White......more


Canon Announces Corporate Name Change of Océ to Canon Production Printing
Canon Inc. and Océ Holding B.V. announced the official corporate name (trade name) change of Canon Group company Océ to Canon Production Printing.t......more



ARCHIVES
Benny Landa to receive 2018 Franklin Award
 
Guy Gecht to step down from the post of CEO at EFI
 
HP launches first hybrid rigid and flexible latex printer
 
Xerox launches Iridesse Production Press with metallic options
 
India’s first AccurioJet KM-1 coming soon at Dina Color
 
Heidelberg launches Versafire EV
 
Color-Logic certifies HP Indigo 6900 digital press with silver ink
 
Fedrigoni reopens Pioraco mill
 
Memjet and Canon enter into cross-license agreement
 
Xeikon Café 2018 sees record attendance
 
EFI marks China debut of VUTEk 5r LED RTR inkjet printer at APPPEXPO 2018
 
Adobe achieves record revenue
 

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