by stefanie | Nov 11, 2024 | City News
Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
by stefanie | Oct 18, 2024 | City News
Xerox Holdings Corporation announced it has agreed to acquire ITsavvy, an Oak Brook, Illinois-based provider of integrated IT products and associated services. Xerox is purchasing ITsavvy for $400 million (€369 million) consisting of a $180 million (€166 million) cash...
by stefanie | Oct 10, 2024 | Around the Industry
Twenty months after work began on its new factory, ARMOR BATTERY FILMS began moving its teams in September 2024. This was accompanied by the start-up of its equipment dedicated to the production of En’ Safe coated current collectors, key battery components. With...
by stefanie | Oct 9, 2024 | City News
WiZiX Technology Group, Inc. announced the acquisition of Carbon Copy, Inc. based in Placerville, CA, marking their eighth acquisition to kick off their eighth year in business. Carbon Copy, founded in 1990 by Mark Scott,who shortly will retire, has built a strong...
by stefanie | Oct 8, 2024 | City News
RAJA Group has completed the acquisition of Retif from Verdoso. This acquisition will enable RAJA Group to expand its retail customer base across seven European countries. It also provides RAJA with a complementary network of physical stores offering local services to...