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April 21, 2023
Print industry research firm Quocirca has said inkjet devices are gradually gaining increased acceptance in the workplace. While laser remains the preferred choice for businesses, inkjet technology innovation and hybrid working have resulted in the gap closing. Based on the views of 1,021 office workers and 521 IT decision makers in France, Germany, the UK
March 29, 2023
UK print, IT and audiovisual (AV) distribution group Northamber has reported an EBITDA loss in the first half of its financial year. For the six months to 31 December 2022, the wholesaler posted an EBITDA loss of £28,000 ($35,000) versus a profit of £64,000 a year earlier. The H1 2023 operating result was a loss
March 29, 2023
Kyocera has acquired a French start-up that was established following Xerox’s closure of its Impika business. Xerox pulled the plug on its Impika R&D centre in the south of France in 2019, six years after acquiring the company, which itself was a spin-off from smart card giant Gemplus. In 2020, Impika co-founders Paul Morgavi and
March 24, 2023
Japanese tech giant Toshiba is set to be taken private in a $15 billion deal. The company has accepted a $15 billion tender offer from private equity group Japan Industrial Partners (JIP). Toshiba first revealed it had received a bid from JIP in early February, following press speculation. This came about ten months after the
March 21, 2023
US managed print network Flex Technology Group has made an acquisition in the state of Maryland. The newest addition to the Flex platform is Baltimore-based Advance Business Systems. Advance was founded in 1964 as an office supplies company by Alan and Lois Elkin, the parents of current President Jeff Elkin. Its core business is now
March 17, 2023
Audiovisual (AV) distributor Midwich has reported a record performance in 2022, boosted by acquisitions and strong organic growth. The UK-based group achieved 2022 revenue of £1.2 billion ($1.5 billion), a reported year-on-year increase of almost 41%. Growth in constant currencies was around 39%, and more than 20% on an organic basis. The company’s overall gross
March 2, 2023
Fujifilm Business Innovation – previously Fuji Xerox – has acquired Australian IT services company MicroChannel. MicroChannel was founded in 1995 and has operations in Australia, New Zealand and Singapore. The ERP and IT solutions provider employs about 200 staff. Effective 1 March, the acquired business is now known as Fujifilm MicroChannel and will be led
March 1, 2023
The top line at HP Inc’s Printing division fell slightly in the first quarter of its 2023 financial year, helping to offset steeper declines in the Personal Systems business. Printing revenue in the three months to 30 January 2023 was $4.61 billion, a year-on-year constant currency decline of 2.2%. The decrease was driven by a
February 14, 2023
Technology, audiovisual and business products distributor Exertis has announced a restructuring of its UK management team. The DCC-owned wholesaler has announced Tim Griffin as the new CEO of Exertis UK. Griffin was formerly Managing Director of Exertis’ global operations, DCC Technology, but will now focus on heading the UK and Ireland business. Former UK Managing
February 14, 2023
UK print and managed services provider ASL Group has made an acquisition in the north-west of England. Private equity-backed ASL has bought Warrington-based Sharples Group, effective 3 February, for an undisclosed sum. It is ASL’s sixth acquisition since Primary Capital Partners invested in the firm in June 2019. ASL said Sharples will add “significant scale”