by Owen Collins | Feb 13, 2018 | City News
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...
by stefanie | Feb 5, 2018 | World Focus
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...
by stefanie | Feb 2, 2018 | City News
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...
by Owen Collins | Jan 31, 2018 | City News
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...
by Owen Collins | Jan 23, 2018 | City News
Two of the OEM’s largest shareholders have co-signed a caustic letter criticising the Board of Directors. Carl Icahn and Darwin Deason, respectively Xerox’s first and third largest shareholders, with 15 percent of the company owned between them, have joined forces to...