Ramsey, NJ – August 1, 2017 –Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) has acquired Muratec America, Inc., a leading supplier of multifunction (MFP) solutions and a provider of managed document and cloud services in North America. The acquisition, which closes today, will strengthen the company’s distribution network and further advance Konica Minolta’s leading position within the industry.
Brno, Czech Republic and Shanghai, China – August 1, 2017 – Y Soft Corporation, a leading enterprise office solution provider, today announced the establishment of Y Soft China Ltd., a subsidiary of Y Soft, to expand its business in the world’s second largest market. The company also announced a formal partnership with Aurora Office Automation.
PHOENIX, ARIZONA (July 31, 2017) - Oval Partners, a San Francisco based private equity firm, has announced an investment in Action Imaging Group (AIG). AIG is a leading office technology company based in Tucson, Arizona with decades of experience in the office automation industry supporting Ricoh, Kyocera, Samsung, and HP products.
July 28, 2017 — Konica Minolta released its financial results for the first quarter of its fiscal year ending March 2018. Revenue for the company’s Office Business segment was ¥133 billion, down 2 percent from the previous year period. Revenue for the Professional Print Business segment was ¥49 billion, up 3 percent year-over-year.
TOKYO, Japan, July 27, 2017 - Epson released its consolidated financial highlights for the first quarter ending June 20, 2017. Revenue of ¥254.8 billion was up 6.6 percent from the year-ago period, with business profit up 159 percent to ¥16.7 billion and profit up 145 percent to ¥10.3 billion.
On July 27, Canon released its consolidated results for the second quarter and first half of the year ending June 30, 2017. For the second quarter, net sales were up 15.4 percent year-over-year to ¥992.5 billion. Net sales for the first half of the year were up 18.6 percent year-over-year to ¥1,965.2 billion.
PALO ALTO, Calif., July 26, 2017 (GLOBE NEWSWIRE) -- HP Inc. announced today that its Board of Directors has elected Chip Bergh as Independent Board Chairman replacing Meg Whitman who is stepping off the board, effective immediately. Whitman has served as Chairman of HP since the separation of HP Inc. and Hewlett Packard Enterprise in November 2015.
Ramsey, N.J. – July 26, 2017 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) a leader in technology and information management services, today announced its acquisition of Columbus, Indiana based TLS.NET, a Managed IT Services company that specializes in voice, cloud and IT solutions.
ROCHESTER, N.Y., July 25, 2017 – Organizations of all sizes—from small offices to global enterprises—are in a race without a finish line, spurred by business and IT leaders to win the sprint toward digital transformation and operational efficiency. At the heart of it all is the urgent need to digitize hard copy documents and make information easily accessible to stakeholders across an organization. The ultimate goal is to make lightning fast decisions which leads to greater responsiveness to customers, all while meeting compliance, security, and records management demands.