Posts tagged: Lanier

Ricoh Acquisition of mindSHIFT – Launch Pad for Services and Sign of Acquisitions to Come

David Ramos
 Jan 24, 2014

Best Buy acquired mindShift in 2011 for $167 million. The strategy at the time was to use mindShift to break into cloud services and target more SMBs.  Best Buy was focused on developing a services business and the thought was that with the combination of mindSHIFT’s cloud, data center and professional services would allow the two companies capture a greater share of the $40 billion small and mid-sized business MSP market. Paul Chisholm, chairman and CEO of mindSHIFT at the time in 2011 stated of the acquisition by Best Buy, “We are very closely aligned with Best Buy in both corporate vision, and in our culture of integrity, customer value and results.”

That was then, this is now, and the current reality for Best Buy is to leverage an asset (mindSHIFT) and go back to doing what made them great and focus on their core.  Bottom line, this is a good/needed move for Best Buy after a disappointing 2013 that was capped off by a holiday price war with Amazon where it lost badly. Read more »

Ricoh National Dealer Meeting – Convergence 2010

Randall Dazo
 Apr 27, 2010

Sparing no expense, Ricoh held its annual dealer conference at the beautiful Palazzo hotel in Las Vegas, Nevada during April 19th-22nd. This was the first time that Ricoh brought together the Ricoh Family Group indirect channels and also the first chance to meet the new IKON leadership of the company. Making a great impression was something Ricoh had to do. Ricoh traditionally held separate events for its Ricoh, Savin, and Lanier channels. Because of the major transitions at the helm of Ricoh Americas and Ricoh US, however, it made sense to address all groups at once at an event themed Convergence 2010. Read more »

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