An agreement reached May 13 between Xerox and its activist investors terminates the proposed $6.1 billion Xerox transaction with Fujifilm to combine Xerox with Fuji Xerox, replaces Xerox CEO Jeff Jacobson with new CEO John Visentin, and appoints five new members to serve on Xerox's board of directors.
The Xerox Iridesse is the only digital press that can print metallic gold or silver dry ink, CMYK and clear dry ink in a single pass.
The settlement agreement Xerox had reached with Carl Icahn and Darwin Deason on Tuesday has expired…
New York Supreme Court Judge Barry Ostrager ruled in favor of two activist investors who are trying to block the proposed transaction.
Darwin Deason and Carl Icahn have launched full-court press to convince Xerox shareholders to oppose the acquisition of Xerox by Fuji.
Darwin Deason claims Xerox CEO Jeff Jacobson continued to pursue a deal with Fuji, even after the Xerox board instructed him not to.
It’s now been 100 days since Memjet launched DuraLink, the next generation printing technology featuring new advanced long-life printheads, pigment inks and integrated modules. Eric Owen, general manager, commercial press, shared how the technology has fared since its launch.
Peter Schaefer, a partner with printing industry M&A and investment banking firm New Direction Partners, describes the recent Cenveo Chapter 11 bankruptcy announcement and how it will impact the company, its suppliers and future contracts.
Stamford, Conn.-based Cenveo Inc., which has been struggling for some time partly from its heavy debt load due to past acquisitions as a one-time major printing industry roll-up consolidator, announced that it has reached an agreement with holders of a majority of its first-lien debt to support a voluntary Chapter 11 plan of reorganization.
After several weeks of speculation, Xerox Corp. and Fujifilm Holdings announced a $6.1 billion transaction to combine Xerox and their longstanding Fuji Xerox joint venture, creating an $18 billion company. Fujifilm will own a controlling 50.1% of the combined company, marking the end of Xerox as an independent company dating back to its founding.
To lead off EFI Connect 2018, EFI CEO Guy Gecht hosted a "Fireside Chat" with the two first worldwide users of the EFI Nozomi C18000 digital corrugated press. Eric Barcourt, CEO of Hinojosa Packaging Solutions, and Malcolm McGowan, founder and CEO of McGowans Print, shared their experiences with the press.
Combined, the Top 25 “Hot Markets for Print Demand 2018-19” account for nearly 95% of total print-related purchasing by key sectors.
To celebrate its 200th anniversary, Koenig & Bauer (formerly KBA) hosted a celebration that culminated with a gala reception attended by nearly 700 guests and a special program featuring dignitary presenters such as Horst Köhler, the former president of Germany.
As part of its new business plan, NPES has acquired the 1/3rd ownership stakes held by Printing Industries of America and Idealliance.
In operation for more than 200 years, the PaperWorks Philadelphia Mill is closing on April 14th. The closure will impact 147 workers.