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City News

Restructuring drives Toshiba Tec recovery

Toshiba Tec reported a modest revenue increase and a return to profitability for the fiscal year ended 31 March 2025, supported by strong overseas demand for POS systems and strategic business divestments.

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HP Inc. to acquire Poly

HP Inc. to acquire Poly

HP Inc. announced a definitive agreement to acquire Poly, a global provider of workplace collaboration solutions, in an all-cash transaction for $40 (€36) per share, implying a total enterprise value of $3.3 billion (€2.99 billion), inclusive of Poly’s net debt.

Epson invests in Cloudpick

Epson invests in Cloudpick

Seiko Epson Corporation and its subsidiary company Epson X Investment Corporation (EXI) have invested in Cloudpick Limited (Cloudpick), a smart retail solution provider, through a joint fund, the EP-GB Investment Limited Partnership.

RJ Young announces acquisition of Ethos Technologies

RJ Young announces acquisition of Ethos Technologies

RJ Young, a business technology solutions provider in the Southeast, announced its acquisition of Ethos Technologies (previously Blue Ridge Copier), an office technology and IT solutions provider in Southwest Virginia.

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