Posts tagged: Xerox

Industry OEMs Use Innovations to Combat COVID-19

Christine Dunne Dunne
 Apr 6, 2020

Industry OEMs are using innovative technology and services—often outside of traditional print offerings—to help fight the spread of COVID-19. The fast availability and development of relevant innovations from companies like Canon, HP, Konica Minolta, and Ricoh shows R&D efforts attuned to global needs.

Source: https://www.publicdomainpictures.net/en/view-image.php?image=255601&picture=lightbulb-idea-innovation
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Fuji Xerox Announces New Adhesive Toner

India Tatro
 Feb 10, 2020

On January 27th Fuji Xerox announced a newly developed adhesive toner for use with their family of printers and MFPs. This news comes shortly after the announcement that the company’s longstanding business relationship with Xerox would be ending, and during a time when Fuji Xerox seeks to differentiate itself from this partnership and Xerox’s own product lineup.

The toner itself uses an emulsion aggregation (EA) manufacturing method – a technology initially patented by Xerox in the 1990s. Unlike traditional toner, which is made by pulverizing raw material into a fine powder, EA toners are Read more »

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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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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Update: Xerox Drops its Bid for HP

Jamie Bsales
 Nov 6, 2019

Update: On March 31, 2020, Xerox officially dropped its tender offer for HP shares, citing the macroeconomic uncertainty and market turmoil caused by the COVID-19 pandemic.                                                          

Original post, with updates:

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.

That said, HP was not impressed. On November 18 and in communications thereafter, HP announced that its Board of Directors had rejected the Xerox offer. In its statements, HP said the deal undervalued the company, and cited concerns about the debt levels the combined entity would be saddled with.

And the saga came to an abrupt end on March 31, when Xerox officially withdrew its tender offer in the face of the growing COVID-19 crisis. The company’s official statement reads:

The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE:HPQ) (“HP”). Accordingly, we are withdrawing our tender offer to acquire HP and will no longer seek to nominate our slate of highly qualified candidates to HP’s Board of Directors.

While it is disappointing to take this step, we are prioritizing the health, safety and well-being of our employees, customers, partners and other stakeholders, and our broader response to the pandemic, over and above all other considerations.

There remain compelling long-term financial and strategic benefits from combining Xerox and HP. The refusal of HP’s Board to meaningfully engage over many months and its continued delay tactics have proven to be a great disservice to HP stockholders, who have shown tremendous support for the transaction.

Xerox’s Board of Directors and management team are grateful for the significant backing we received from both Xerox and HP stockholders throughout this process. We thank the talented individuals who agreed to stand for election to the HP Board, making time in their busy schedules to take on this responsibility when HP’s existing Board did not. And finally, we thank the banks who agreed to finance this acquisition, who never wavered in their commitments, even during the market turmoil caused by COVID-19.

Xerox Announces Launch of Baltoro HF Inkjet Press

German Sacristan
 Jun 26, 2019

On Wednesday, June 26, 2019, Xerox announced the launch of its new Baltoro HF Inkjet Press. This fully Xerox engineered cut-sheet production press uses what is basically an iGen platform, and it enables clients to print high-volume transactional work and direct mail/catalogs on a single press. A new High Fusion (13.76 inches) print engine with Xerox W-Series inkjet heads provides true high definition 1,200 x 1,200 dpi resolution. This enables the creation of a range of applications on a variety of offset coated media types like matte, silk, and satin with High Fusion ink.

The Baltoro HF features Xerox High Fusion ink that is similar to what is used in the Trivor HF Press, so there is no need for paper priming or pretreating. Elimination of the priming solution reduces press size, power consumption, and total cost of ownership. The device offers a 4.5 picoliter drop size and infrared drying systems. It is capable of producing 300 ipm in duplex mode, accommodates a maximum sheet size of 14.33” x 20.5” (364 mm x 520 mm), and outputs up to 18,000 images per hour. It also has a unique option to cap cyan, magenta, and yellow heads when printing in black & white. Powered by Automated Intelligence to optimize and maintain color and image quality and also self-correct in real time, production on the Baltoro HF press is simplified with the FreeFlow Print Server’s Cost Quality Optimization (CQO) tools.

Xerox will begin taking orders for its new Baltoro HF press today. Because the Baltoro device is capable of handling everything that the Xerox Brenva machine can produce and more, the company will stop taking orders for Brenva devices effective immediately. Of course, Xerox will continue to provide service and supplies for Brenva devices.

Although details are spotty at this time, Keypoint Intelligence – InfoTrends will provide updated information as it unfolds. To view a demonstration of the Baltoro HF press, click here. For additional product information, click here.

Xerox Repositions its MPS Business

Barbara Richards
 Jun 19, 2019

Last month, Xerox held a briefing for industry analysts on its service offerings. A key takeaway from this event is that Xerox is re-positioning its MPS brand to “intelligent workplace services.”

Intelligent workplace services are geared toward improving the customer experience, as well as enhancing how employees get more work done. This moves Xerox beyond managing print to helping clients manage their larger workplace. According to Joanne Collins Smee, chief commercial officer at Xerox, “There is a significant opportunity for our clients to automate the inbound and outbound communications, extract value from ingested data and streamline business processes to unlock immense productivity gains”.

Xerox Intelligence Workplace Services

 

That said, two of the three main challenges addressed by intelligence workplace services have a tight alignment with MPS. One is organizations’ need to gain control of their print infrastructure, including equipment, consumables, and associated repair and operating costs. The other is securing the print infrastructure, including printed material, print devices on the network, and collected data.

It is really the third challenge that goes beyond traditional MPS; that is the need to replace paper-based processes with more efficient workflows that boost employee productivity and satisfaction. This is achieved through a combination of analytics, automation, content management, mobility, and more.

Intelligence workplace services falls within the umbrella of Xerox’s horizontal services. Other horizontal services are available for capture and content, accounts payable, digital hub and cloud print, and campaign on demand. Available globally, these offerings are focused on streamlining time-consuming, business-critical processes

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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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What’s Next for Production Print DFEs?

Marc Mascara
 Feb 6, 2019

A Trip Way Back in Time

On demand production print digital front ends (DFEs) began their competitive march in the late 1990s when Scitex Corporation announced its entry into the print on demand (POD) space by launching the Spontane printing system. The solution was an OEM version of the Fuji Xerox Docucolor 40. During that same timeframe, Scitex also developed a DFE version of its Brisque Prepress system and adapted it for the on-demand market. This announcement started a high-end competitive DFE battle between EFI, Scitex, and to some extent ColorBus.

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Digital CMYK+ Ushers in a New Crop of Design Enthusiasts

Marc Mascara
 Jan 29, 2019

Designing for offset print is nothing new; the PDF revolution is a distant memory at this point and the “how to design for print” guides are long gone. For quite some time, designers have understood how to extend gamut and design for that hit of varnish. With that said, designing for these offset jobs was always difficult and somewhat restrictive to the creative process. Any creative liberties typically added a significant amount of time to the process because prepress often needed to make corrections to the designers file for reliable printing. As a result, commercial printers have always had a love/hate relationship with the creative members of the design community. This all began to change when the HP Indigo Digital Presses began to roll out 7-color liquid toner capabilities. It was still important to educate the design community, but not in terms of capability—the focus shifted to learning how best to design a clean file for prepress.

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