Six months after Xerox announced plans to vacate its 30-story office tower and former headquarters in Rochester, NY, and move all its employees a few miles away to Webster, NY, the company announced plans to eliminate jobs at the Webster campus, according to local news reports. The Democrat & Chronicle reported that Xerox informed employees that
On August 9, Fujifilm Holdings announced its financial results for the first quarter of the fiscal year that will end on March 31, 2019. Fiscal 2017, the year that ended on March 31, 2018, was a tumultuous one for Fujifilm (see “Fujifilm Announces Year-End Results Under Cloud Cast by Termination of Xerox/Fuji Xerox Merger Plans”).
While Xerox continues to expand its channel in North America, the company also is working to enhance its marketing support for channel partners. On August 1, the company announced a revamped web portal intended to make it easier for channel partners to generate leads and drive sales. Xerox’s redesigned partner portal has streamlined access for partners
In an exclusive interview with Nikkei Asian Review, the CEO of Fujifilm said the Japanese company’s standing bid to acquire Xerox represents the ceiling the company will pay for the American office-equipment maker. “We would not go as far as to raise our terms of acquisition, set in January, to realize the deal,” Shigetaka Komori,
On July 26, Xerox announced its financial results for the second quarter and first half of 2018. And what a tumultuous first half it has been. The last few quarterly financial results announcements from Xerox have been memorable more for the drama surrounding the company’s plans to find a buyer than for the results themselves.
Xerox is reportedly in private talks to sell one of its business units that lends money to customers to rent printers and office equipment. The report comes from Reuters, which says the company is considering the sale to relieve itself of about $3.6 billion in debt. Reuters, citing unidentified sources, said Xerox is talking to
Fujifilm and Xerox are engaged in a war of words about whether their partnership will continue in the wake of Xerox’s decision to terminate their merger agreement (see “Xerox Says It Won’t Renew Technology Agreement with Fujifilm and Will Source Products Elsewhere,” “Fujifilm CEO Pens Letter in Response to Xerox Letter, Vows to Compete against
The rhetoric between longtime partners turned adversaries Xerox and Fujifilm reached fever pitch at the end of June with Xerox’s CEO vowing that Xerox will not renew its technology agreement with Fujifilm and will directly compete against Fujifilm in Asian markets (see “Xerox Says It Won’t Renew Technology Agreement with Fujifilm and Will Source Products
The Imaging Supplies Coalition (ISC) held its annual meeting on June 26, 2018, and has since announced the election of a new chairman of the board and three new officers. Founded in 1994, the ISC (www.isc-inc.org) isa non-profit organization of printer OEMs that fights illegal activities such as fraud and counterfeiting in the imaging supplies
Xerox has released a new universal print driver to help users connect devices across entire printer fleets and simplify device management for network administrators. The Xerox Global Print Driver V4 works with Windows 10 and other operating systems and supports Xerox and non-Xerox printers, according to a company press release. “Connectivity is synonymous with productivity