Posts tagged: HP

Xerox Sells Stake in Fuji Xerox Joint Venture

Ron Gilboa
 Nov 11, 2019

On November 5th, Xerox announced that it is selling its 25% stake in Fuji Xerox to Japanese partner Fujifilm for $2.3 billion, ending a 57-year joint venture. The deal gives Fujifilm 100% ownership of Fuji Xerox, over a year after it failed to acquire majority ownership of Xerox and merge it into Fuji Xerox.

Xerox is also selling a majority stake in a smaller joint venture (Xerox International Partners) to an affiliate of Fuji Xerox and the amount of time Fujifilm will be a significant Xerox supplier has been extended.

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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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Digital Displacing Flexo: HP Indigo 8000 Update

Bob Leahey
 Jun 12, 2019

HP Indigo recently made public six new US installations of the HP Indigo 8000: Innovative Labeling Solutions (ILS), Dion Label Printing, Nosco, Info Label, Quality Tape and Label, as well as Natural State Label. If you’re not familiar with HP Indigo 8000, it is essentially a double version of the company’s flagship label web, HP Indigo 6900. Following a single in-line priming unit and driven by a single digital front end (DFE), the 8000 joins two HP Indigo 6900s in sequence; the first prints images 1 and 3, the second prints 2 and 4. This allows the HP Indigo 8000 to reach 80 Read more »

HP and Xerox – Interesting Bedfellows and Implications to Traditional Relationships

Randall Dazo
 Jun 5, 2019

What I love about this industry is that it never gets boring. This week, HP Inc. and Xerox Corporation have announced an expansion of the companies’ existing business relationship. Xerox will now source from HP certain A4 and entry-level A3 products with the majority running on Xerox’s ConnectKey controller software platform, in addition Xerox will supply toner to HP for these and other products. The sourced printers will be based primarily on the laser printing technology HP acquired from Samsung in 2017. Furthermore, the companies have agreed to partner in the Device as a Service (DaaS) market. Xerox will become a DaaS specialist in HP’s Partner First program in the U.S. Xerox’s service capabilities and customer reach in the small to midsize business market, combined with HP’s award-winning DaaS PC offerings, will allow both companies to meet a wider range of customer needs. Xerox will be authorized to sell HP PCs, displays and accessories to its commercial customers through DaaS. HP will also make Xerox’s cloud-based content management platform DocuShare Flex available on its commercial PCs distributed in the U.S.

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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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Ramping Up, in Packaging: Durst + Koenig & Bauer

Bob Leahey
 Apr 17, 2019

Companies focused on digital printing for packaging got a reminder recently that two important suppliers, Durst Phototechnik and Koenig & Bauer, are joining forces, with the goal of making production-level digital printers for both folding carton and corrugated applications. Durst (Italy) and Koenig & Bauer (Germany) signed a 50/50 joint venture agreement on April 10 in Munich, to establish “Koenig & Bauer Durst GmbH.” First revealed in December 2018, the new venture will be registered in Wurzburg, Germany, where Koenig & Bauer is headquartered, but will be a separate entity with its own managing director, and it will cooperate closely with both parent companies. The companies expect that regulatory approvals will be granted within a few weeks, and that business operations will begin in late May.

Durst SPC 130 Single Pass Corrugated Printer

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Hunkeler innovationdays 2019 – a hardware view

Ralf Schlozer
 Mar 5, 2019

The Hunkeler innovationdays started out as a humble open house event of a Swiss finishing manufacturing company. Indicating a forward-thinking company, the innovationdays morphed over the years into the most important global event for continuous feed production document printing – as finishing equipment is naturally best demonstrated in conjunction with a printing system. Visitors love the idea of seeing printing lines from all major vendors sitting side-by-side and feeding the finishing lines for converted products. The 2019 iteration improved again on the number of exhibitors and visitors with about 100 exhibitors and 6,500 visitors expected for the show.

The theme of this year’s event was “success with automation”. There is no doubt that automation is getting increasingly important as a means to reduce labour cost, counter the shortage of skilled staff, avoid production mistakes, and speed up the device setup. This is especially critical the shorter the runs become. Hunkeler presented some fine examples of automation, notably a prototype of a sheeter and stacker that is able to automatically change formats from within seconds. Other new launches with focus on automation included a non-stop roll splicer for continuous feed printers, folders, perforators and web inspection modules.

Hunkeler Automated Cut & Stack line

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