It Amp Eos News Today

Eight resellers, including four small businesses, have been awarded places on the UK government’s new Office Solutions framework. The Office Solutions contract (RM2699) was put out to tender last year. At the time, it was valued at £400 million ($500 million) over a three-year period. Originally to be split into three lots, the new framework

Xerox has confirmed it is looking at making changes to its go-to-market model in parts of Europe. During yesterday’s Q1 earnings conference call, COO John Bruno discussed the OEM’s “geographic optimisation”, which has already resulted in the sale – or agreements to sell – direct operations in Argentina, Chile, Ecuador and Peru. He added that

Staples Inc has agreed to sell its DEX Imaging business to the company’s management in a private equity-backed buyout. New York-based investment firm Gamut Capital Management, in partnership with DEX’s founders – Dan Doyle Sr and Dan Doyle Jr – have signed a definitive agreement with Staples to buy the company. Terms of the transaction,

Print giant Xerox has reported its Q1 earnings, with the top line falling by more than 13% in constant currencies. Q1 2024 revenue at Xerox was $1.5 billion, $213 million lower than the same quarter last year. Equipment sales slid by more than 26% to $290 million as all device classes fell steeply, while post-sale

HP Inc has appointed former Amazonian Nadia Bollinger as VP of Solutions. As well as working for Amazon, where she had a senior role at AWS, Bollinger spent more than 17 years in the energy sector with ExxonMobil. At HP, she heads up the new Solutions management team with the firm’s Managed Solutions organisation. “As

Print OEM Xerox is nominating no fewer than seven new candidates to its board of directors. The company currently only has five board members, one of whom is CEO Steve Bandrowczak. He is to remain on the board, as is Chair Scott Letier and Nichelle Maynard-Elliott. Incumbent directors Phil Giordano and Margarita Palau-Hernandez are not

Konica Minolta has announced a global restructuring plan as it looks to generate sustainable growth. In what it called an “optimisation” of its headcount, the Japan-based firm will lay off around 2,400 employees in the current financial year (FY24) that began on 1 April 2024. This, it said, would result in a ¥20 billion ($200

Xerox has announced another go-to-market change in South America, this time in Peru and Ecuador. Following on from the recent transfer of operations in Argentina and Chile to Datco, Xerox’s business in Peru and Ecuador will now go through longstanding partner Productive Business Solutions (PBS). The transaction is expected to close in the second quarter

Industrial print manufacturer Roland DG has issued a statement in relation to the two offers to acquire the company. In February, its board approved an offer to take the company private in a management buyout backed by investment firm Taiyo Pacific Partners. However, a few weeks later Brother made an improved bid for Roland DG

European technology distributor ALSO has said a reluctance to buy and invest among both businesses and consumers impacted its results in 2023. The wholesaler said the geopolitical tensions in Europe were affecting customer spending, particularly in Germany and Poland, which are important markets for ALSO. Inflation, higher energy prices and interest rates were also factors.