Japanese electronics conglomerate Sharp has doubled its mergers-and-acquisitions (M&A) budget to buy more sales channels for its printers and MFPs, according to Nikkei Asian Review. Sharp’s goal, according to the Nikkei, is to catch up with Canon and Fuji Xerox in the MFP market. Sharp plans to earmark about ¥12 billion ($108.5 million) for M&A