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Tech firm Fujitsu has issued a brief statement following reports that it is selling the majority of its scanner business to Ricoh. Yesterday (25 April), a story published in Nikkei Asia said Fujitsu is in talks to sell 80% of its PFU scanner business to Ricoh for around $625 million as it looks to focus
It was a tough first quarter for Xerox as the company slipped to an adjusted operating loss in the three months ended 31 March 2022. The print OEM reported an adjusted operating loss of $3 million for the quarter, compared with a profit of $53 million a year ago. While revenue of $1.67 billion (a
The share price of HP Inc jumped by more than 16% in early trading today after it was revealed that Warren Buffett’s Berkshire Hathaway had become its largest single shareholder. In two HP regulatory filings dated 6 April 2022, it was shown that Berkshire Hathaway had acquired just over 120 million shares of HP common
German online and mail order reseller Printus has taken a majority stake in owner-managed dealer Office Partner. According to the local trade press, Printus has agreed to acquire 70% of Office Partner, with the remaining 30% to be kept by Managing Directors Peter Pölling and Sven Osterholt. A third Managing Director, Andreas von dem Berge,
This week, UK electricals retailer Currys announced the launch of its new hybrid working model for all corporate and commercial employees in the UK. As part of its new model, Currys will equip its 1,000-plus corporate workforce with WeWork All Access passes, enabling them to visit over 50 UK WeWork locations. In addition, to support