Office Printing News
Nikon sign cross-licensing deal with Redmond

JAPANESE imaging giant Nikon has signed a patent cross-licensing agreement with Microsoft to further the development of each company’s current and future product lines.

 
Eye-Fi wins Last Gadget Standing

A low-power memory card that automatically downloads photos wirelessly from a camera to a PC has won the prestigious Last Gadget Standing competition at the Consumer Electronics Show in Las Vegas.
 
HP cranks inkjet print speeds
HEWLETT-Packard has unveiled a swag of hardware and software printing products, including two colour inkjet-based multifunction office devices it says can print up to 70 pages per minute.
 
RELATED EVENTS
Go!<
IBM bows out of enterprise printing PDF Print E-mail
User Rating: / 0
PoorBest 
Written by James Riley   
Wednesday, 21 February 2007
IBM is getting out of the enterprise printing business by offloading its Printing Systems Division to Japanese office automation specialist Ricoh in a $725 million deal over three years.

The two companies have formed a joint venture company called InfoPrint Solutions based on the IBM Printing Systems division. Ricoh will initially own 51 per cent of the venture and is set to progressively acquire the remaining 49 per cent over the next three years as the venture evolves into a wholly-owned Ricoh subsidiary.

IBM chairman and chief executive Sam Palmisano said the “eventual transfer of the IBM Printing Systems Division to Ricoh” would let Big Blue continue to refine its focus on its strategic businesses.

Mr Palmisano said in addition to its track record in the print industry, Ricoh would provide the investment necessary for InfoPrint Solutions to continue to innovate.

The initial part of the deal is expected to be completed by the end of the IBM second quarter. The joint venture is expected to begin operation with about 1,200 employees.

IBM will continue to provide maintenance services to InfoPrint Solutions clients under a service agreement and over time more than 1,000 IBM printer maintenance specialists may join the new company.

The joint venture will access IBM's worldwide distribution and sales network. InfoPrint Solutions will be an IBM worldwide partner for printers.

IBM's printer development capabilities will also become part of the joint venture, while IBM Global Financing will continue as a financing provider.
 
Office Printing News
Nikon sign cross-licensing deal with Redmond

JAPANESE imaging giant Nikon has signed a patent cross-licensing agreement with Microsoft to further the development of each company’s current and future product lines.

 
Eye-Fi wins Last Gadget Standing

A low-power memory card that automatically downloads photos wirelessly from a camera to a PC has won the prestigious Last Gadget Standing competition at the Consumer Electronics Show in Las Vegas.
 
HP cranks inkjet print speeds
HEWLETT-Packard has unveiled a swag of hardware and software printing products, including two colour inkjet-based multifunction office devices it says can print up to 70 pages per minute.
 
Xerox acquires print channel giant
OFFICE equipment icon Xerox is to acquire Global Imaging Systems – a key sales channel to the US small to medium-sized business market – in for US$1.5 billion (A$1.85 billion).
 
HP to cut global energy use 20 per cent
COMPUTER and printing giant Hewlett-Packard says it will reduce corporate energy consumption worldwide by 20 per cent from its 2005 levels by 2010.
 
Austereo slashes print costs through Upstream
NATIONAL radio broadcasting group Austereo has reported saving 30 per cent in document output costs after engaging Upstream Print Solutions to audit and better integrate its printing and office automation needs.
 
HP dreams up true colour reproduction
HEWLETT-Packard has lifted the lid on a highly integrated new technology it says delivers the best level of colour consistency yet across a range of different devices.
 
HP universal driver attracts 2 million users
HP has released internal results of its Universal Print Driver deployment, claiming the system led to a 20 per cent reduction in printer-related help-desk calls in its first three months.
 
IBM bows out of enterprise printing
IBM is getting out of the enterprise printing business by offloading its Printing Systems Division to Japanese office automation specialist Ricoh in a $725 million deal over three years.
 
Lenovo looks to buy Lexmark

Lenovo identifies the fast track to the office printing market – Lexmark.
 
Image
About CeBIT Australia

CeBIT Australia is Australasia's leading Information & Communications Technology (ICT) event for the business marketplace and covers the entire spectrum of technology and the key elements that make up the ICT products and services marketplace. This is the only Australian event where you can exhibit your products and services to a large and high level audience of business decision makers and buyers – keen to see the latest and greatest solutions available.

email: CeBIT@hannoverfairs.com.au | website: www.cebit.com.au | tel:+61 2 9280 3400 | fax +61 2 9280 1977