Category: HP

Fuji Xerox Will be Changing Its Name in 2021

Jamie Bsales
Jan 6, 2020

Another inevitable aspect of the unraveling of the FUJIFILM Group/Xerox Corp. relationship has fallen into place: FUJIFILM subsidiary Fuji Xerox Co., Ltd. has announced that it will be changing its corporate name to FUJIFILM Business Innovation Corp. as of April 1, 2021. That date, not coincidentally, is the day after the technology agreement between the two companies expires, marking the official end of the long-running partnership between Xerox and FUJIFILM.

As part of the original agreement, first signed almost 60 years ago, FUJIFILM and Xerox Corp. shared development costs for the laser engines and other components that underpin their office MFPs (still called “copiers” way back then) and printers. Subsequent renewals of the agreements also defined manufacturing responsibilities and sales territories. The result was that FUJIFILM would sell office equipment via its Fuji Xerox subsidiary in the Asia-Pacific markets, and Xerox Corp. would sell in the rest of the world—and source its office MFPs/printers from the joint venture.

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Digital Flexible Packaging: ePac Orders 24 More HP Indigo 20000s

Bob Leahey
Nov 14, 2019

HP Indigo, the Israeli maker of production-level EP printers for flexible packaging, recently announced an order for 24 units of the HP Indigo 20000, the company’s 30” EP web for that application. The deal is the biggest to date for the 20000 and, same as last year, the buyer is the Israeli company’s best customer for the printer, ePac Flexible Packaging (Middleton, WI); ePac set the previous record by ordering 20 units in 2018. ePac currently operates 28 of the 20000s at 12 locations and expects to operate 52 at 20 locations after all the latest batch are installed next year. In money terms, the deal is also big: Pricing for one HP Indigo 20000 is unpublished but, even assuming a discount for buying 24, this latest purchase will likely total well over $20 million just for hardware; spending over time for toner, parts, and service will add substantially to that. Read more »

WSJ Report: Xerox Exploring a Bid for HP

Jamie Bsales
Nov 6, 2019

Update: On November 18, HP announced that its Board of Directors had rejected the Xerox offer. In a statement, HP said the deal undervalued the company, and cited concerns about the debt levels the combined entity would be saddled with.

The Wall Street Journal reported last night that Xerox’s board of directors discussed the possibility of purchasing HP Inc. in a cash-and-stock deal worth north of $27 billion. While we don’t have any information about the veracity of the WSJ report or the likelihood of it coming to pass, the combination (in some form) of HP and Xerox has been speculated about for several years.

Xerox executives–the team put in place by activist investors in the wake of the scuttled sale to FUJIFILM Holdings– have spoken publicly about their openness to finding other engine suppliers beyond Fuji-Xerox, and with HP they would have that. HP could benefit from Xerox’s strong channel-partner organization. Indeed, the two companies already announced a closer working relationship earlier this year. And while the Wall Street Journal described the pair as “two fading stars of technology” (a characterization we don’t agree with), a combined company would be in a very formidable position in both A3/A4 office equipment and related software, as well as in the production print space. HP also has a growing 3D-manufacturing business, which could be an attractive growth area for a resurgent Xerox. The combined companies would also be an innovation powerhouse: Xerox’s PARC (Palo Alto Research Center) and HP Labs are already among the most prolific organizations in the country when it comes to patent applications.

Of course, it wasn’t that long ago that smart money was on HP purchasing Xerox. But now with Xerox stock trading at a 10-year high and the company flush with a $2.3 billion down payment available from the sale of its half of the  joint venture with FUJIFILM–not to mention HP stock trading at historically low multiples (until this news leaked, that is)–Xerox may be in the better financial position to leverage such an acquisition . The WSJ reported that Xerox already had financing commitments lined up. The company could also consider selling HP’s Personal System’s Group to help pay down some of the debt incurred by the purchase.

HP Moves Aggressively into MFP Apps with an Entire Ecosystem

Jamie Bsales
Nov 4, 2019

We’ve been talking for several years about the “appification” of document imaging software: The emergence of MFP-resident apps that use the device’s underlying (and increasingly powerful) embedded software platform to deliver enhanced functionality and, in some instances, eliminate the need for traditional “middleware” workflow solutions. And while HP had its share of on-board tools and connectors developed for it OXP embedded software architecture, it lagged competitors such as Xerox (with is App Gallery) and Konica Minolta (with its bizhub Marketplace, now just called Marketplace) when it came to an app portal where apps reside for resellers and/or customers to download to compatible MFPs.  Which made us wonder: What exactly was HP’s plan for the Printing App Center and Smart UX Center infrastructure HP snagged in its acquisition of Samsung’s printing business? We now have our answer. Late in October, HP officially unveiled a complete ecosystem for the development, deployment, management, and monetization of apps that can run on select HP MFPs. Here’s a quick look at the various pieces and how the puzzle seems to be coming together.

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ITMA 2019: a Massive Showcase for Digital Printing

Ron Gilboa
Jul 9, 2019

Every four years the textile production community gathers to learn about what is new in weaving, knitting, accessorizing, printing and production management. In 2019, it was Barcelona’s turn to host ITMA – a premier garment and textile tradeshow event. With over 1,717 exhibitors in 8 halls and over 105,000 visitors from 137 countries, the event was buzzing. While we surveyed the entirety of the display showcase, our focus on digital printing kept us in halls 3 and 8.

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HP’s VR Headset Reverb Brings Stronger Enterprise Potential at a Consumer Price Point

Colin McMahon
May 7, 2019

HP has just released its second virtual reality (VR) headset, known as the HP Reverb. Like its predecessor, the HP Reverb has been designed to work with Microsoft’s Windows Mixed Reality platform. That said, the Reverb is not simply an updated version of the 1000-100 (the first HP VR headset). It has been designed with a focus toward enterprise clients, while retaining a price point that will make it a viable option for the consumer market as well.

HP Reverb Professional Edition

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HP Stitch – HP Enters the textile printing market

Ron Gilboa
Apr 26, 2019

HP’s long-awaited entrance into the textile market was unveiled at the ISA Show in Las Vegas this week with a well-attended event where two new machines were front and center. Prior to this event, analysts and journalists got a sneak peek at HP’s European Innovation Day where the company’s future strategy and innovation were discussed.

Under the umbrella brand “HP Stitch,” the company plans to build out a range of products to ‘reinvent’ or possibly ‘disrupt’ the market going forward and doing so using their core HP thermal inkjet.  With the new ‘S’ sublimation range of devices it is clear is that HP is dipping its toe into the fast expanding digital textile fabric printing sector, in the process expanding on its leadership in graphics market, where the has long been involved with its aqueous, latex, solvent and UV inks.
The two devices that were officially launched at the show, were the S300 and S500, are 1.6m (64 inch) machines targeting the polyester-based sportswear, fast fashion, and soft signage market. Furthermore, the company will also launch a third product in the family the HP Stitch S1000, at the upcoming FESPA in Germany in May. The HP Stitch S1000 is a 3.2m (126 inch) device and will be targeting soft signage as well as the contract home décor market that uses a high proportion of polyester based fabrics.

HP Stitch Entry into the fashion world

HP Stitch Entry into the fashion world

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HP acquires Apogee

Deborah Hawkins
Aug 8, 2018

On the 1st August 2018, HP Inc signed a definitive agreement to acquire all shares of Apogee.

The UK based office equipment dealer claims to be Europe’s largest independent provider of print outsourced services and document and process technology. The transaction values Apogee as of closing at GBP380m

Why Apogee?

This acquisition is a continuation of HP’s strategy to expand its contractual sales strategy and disrupt the A3 office market which began with HP’s acquisition of Samsung Printing in September 2016. Since that time, HP has been recruiting selective office equipment dealers that offer higher margin services, to its partner program across the globe. Read more »

HP Announces the Latex R1000 – The Latest Addition to The Latex R Series

Steve Urmano
Jul 12, 2018

On July 9th HP announced an expansion to its newly released R Series of latex printers, the R1000 Printer. Like the previously released R2000, the R1000 is designed for printing on a number of both rigid and flexible substrates including foamboards, PVC cardboard, fluted polypropylene, solid plastics, aluminum, wood, and glass. Like the R2000, which Keypoint Intelligence reported on when it was first announced, the R1000 is designed for a variety of applications within the sign & display and decorative printing industry segments.

HP Latex R1000 Printer

R1000 Key Specifications

While the HP Latex R2000 focuses on larger PSPs, HP explained in it’s latest press release that the R1000 is designed to be an ideal solution for smaller companies:

“The current portfolio includes the HP Latex R2000 Printer, designed for large-signage printer service providers (PSP’s) who require workflow efficiency and sustained production. With the debut of the HP Latex R1000 Printer, HP is adding depth to offer maximum value in one device. Designed for growing businesses with investment and space constraints, the versatile printer offers a single set of inks for a wide range of flexible and rigid media including applications for retail, outdoor signage, window graphics, events and exhibitions, and decorations.

The new printer comes with three liter-ink cartridges, compared to the larger model with five liters, and is designed to accommodate materials up to 1.64 meters/64 inches wide and up to 5 cm/2-inches thick while the R2000 prints up to 2.5-meters/98-inches wide and up to 5-cm/2-inches thick.”

Additional specifications for the R1000 have been released on HP’s website. Most notable are the smaller footprint (the R1000 measures in at 166 x 143 x 69 in), and productivity of up to 57 m² per hour (614 ft² per hour). The R1000 will also feature the HP Latex White Ink and Overcoat that are used on the R2000.

HP Latex R Series Print Samples (Taken at Print4All 2018)

Analyst Comments

While Latex grew very quickly in the Roll to Roll product segment drastically offsetting solvent sales mainly in NA and EMEA markets over the past several years, we’ll be keeping a keen eye on the impact it will have in the UV Hybrid arena. There are several market conditions that need to be overcome. HP has done well in the low end of the market due to both price point and marketing strength. The UV Hybrid and Roll Markets have already grown double digits the last several years and have already drastically offset and penetrated the solvent arena and this is a very crowded vendor space.

There is a very wide range of low-priced Chinese machines on the market priced below $100K. The Latex R1000 & R2000 1.6 – 3.2 M Wide Format Hybrids come in on the higher end of the price spectrum in a market that has become flooded with lower cost LED UV Hybrids & Flatbeds. In the US, Mimaki, Mutoh, CET, Vanguard, and others have been servicing this segment, so pricing and product performance will be a key issue for market entry.

Time will tell if HP’s marketing machine will be able to overcome these hurdles. However, Keypoint Intelligence sees the potential in Latex with the higher performance R ink-set. It appears to have a whiter white, and lay flatter than UV inks which tend to have a thicker ink deposition. The battle for the durables continues with the domination of ink technology playing a key role.

 

 

Smart Package Manufacturing: HP One Package Workflow Suite Brings New Levels of Optimization

Pat McGrew
Jun 25, 2018

Corrugated product producers have traditionally thought in terms of square meters and board feet. The goal: keep corrugated products heading out the door. For corrugators that meant keeping the corrugator online and in production which was managed with a Manufacturing Execution System tied to standard business management software suites. Corrugated board manufacturers often use their business systems to manage their manufacturing requirements, augmented with process-specific tools. The advent of digital corrugated production options adds many more requirements to the production workflow, most of which are closer to traditional commercial printing than traditional converting. With experience born from implementations of both digital liner preprinting ahead of corrugation and digital corrugated board printing (“post printing”) comes the HP One Package workflow suite targeted toward users of all HP PageWide Industrial corrugated presses.

HP PrintOS Site Flow Drives End-to-End Print Production for HP Corrugated

Source: HP

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