by stefanie | Jan 31, 2020 | City News
The company says this acquisition expands its presence in the European SMB market. Xerox has acquired Arena Group, a provider of office technology, software, solutions and services in the UK. “Building on our success in the small and midsize business (SMB) market in...
by stefanie | Jan 29, 2020 | City News
The OEM has announced its Q4 results, which exceeded earnings per share (EPS) guidance, delivered strong cash flow and operating margin. Xerox’s fourth-quarter and full-year 2019 results achieved gross savings of $640 million (€582 million) under Project Own It,...
by stefanie | Jan 24, 2020 | Around the Industry
Yesterday, Xerox confirmed the nominees for Board members it is planning to put forward at HP’s 2020 annual meeting, HP immediately countered with a statement calling it a “self-serving tactic by Xerox to advance its proposal”. HP Inc. confirmed that Xerox Holdings...
by stefanie | Jan 22, 2020 | Around the Industry
In November, Xerox offered to buy HP for $22 (€19.84) a share, which HP’s board members rejected unanimously. After several “Dear John” letters and promises from Xerox to talk to shareholders, things are heating up according to the Wall Street Journal, who report that...
by stefanie | Jan 17, 2020 | Around the Industry
Gary K. Starkweather, engineer and the inventor of the laser printer dies aged 81. In the office imaging sector Gary Starkweather was probably the most unknown person in the industry and yet thousands of companies and hundreds of thousands of people owe their place in...