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Icahn and Deason trade blows with Xerox

Icahn and Deason trade blows with Xerox

The increasingly bitter battle has continued, with a new joint letter followed by a swift response from the OEM. Xerox shareholders Carl Icahn and Darwin Deason have launched their latest attack on the OEM’s deal with Fujifilm. In a letter published yesterday, the...
Icahn and Deason trade blows with Xerox

Icahn and Deason renew Xerox attack

The war of words over the proposed Fujifilm-Xerox joint venture has continued with the pair’s latest polemic. The Rochester Democrat and Chronicle reports that two of Xerox’s largest shareholders, Carl Icahn and Darwin Deason, have unleashed their latest stinging...
Fujifilm to jettison 10,000 jobs

Fujifilm to jettison 10,000 jobs

Needing to “overhaul” its photocopying business, the Japanese company has revealed it will be cutting 10,000 jobs at its Xerox joint venture. As Reuters reports, Fujifilm Holdings has announced that it will be cutting 10,000 jobs worldwide, explaining that “it needed...
A new frontier for Fuji Xerox

A new frontier for Fuji Xerox

According to the CEO of Fujifilm Holdings, the company’s well-documented acquisition of Xerox is a “game changer”. In an interview with the Nikkei Asian Review, Shigetaka Komori explained that the acquisition will allow Fujifilm to “develop products much faster at...
Xerox, Fujifilm announce ‘The New Fuji Xerox’

Xerox, Fujifilm announce ‘The New Fuji Xerox’

A “definitive agreement” has been announced by the two OEMs, despite recent shareholder dissent. After weeks of debate and speculation, Xerox and Fujifilm have today announced a “definitive agreement” to combine Xerox and their Fuji Xerox joint venture. In a press...