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HP Inc is set to roll out a new ‘all-in’ subscription service in its Printing division. Speaking at the company’s 2023 Securities Analyst Meeting (SAM) on 10 October, Tuan Tran, President of Imaging, Printing and Solutions, confirmed the initiative would be introduced in the first quarter of HP’s 2024 financial year (which starts in November
HP Inc hosted its first HP Imagine event on 5 October where the vendor revealed its latest innovations for hybrid working. HP previewed more than 20 new devices and services across its Personal Systems, Printing Systems and Workforce Solutions businesses. Highlights of the range include HP Managed Collaboration Services, WorkforceCentral and AI-based innovations. Beginning with
Xerox has said it is buying back all the stock owned by its largest shareholder, activist investor Carl Icahn. In a press release, the print OEM confirmed it would repurchase all common stock owned by Icahn and his affiliates for $15.48 per share. That represents a dollar amount of $542 million, with the company taking
Armor Print Solutions is highlighting the complementary nature of its latest acquisition. The remanufacturer – part of the Armor Group – has announced the acquisition of THS Group, a Germany-based specialist in office automation systems that offers solutions in printing consumables, spare parts and MPS software for photocopiers and printers. Founded in 1995 as Ingolf
Japanese tech giant Toshiba will shortly have a new main shareholder following the successful outcome of a tender offer by private equity firm Japan Industrial Partners (JIP). The transaction – announced in March of this year – has resulted in around 78% of Toshiba’s shares being acquired by JIP. This will now allow it to