Headline Rollup for November 29, 2016
Lexmark International, Inc. today announced the successful completion of the acquisition by a consortium of investors (Consortium) led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). Under the terms of the merger agreement, which was announced on April 19, 2016, Lexmark shareholders will receive $40.50 per share in cash. Legend Capital Management Co. Ltd. (Legend Capital) is also a member of the Consortium.
Samsung Electronics is currently in process of restructuring its corporate structure. Recently, the Korean firm sold off its printing business to HP for over $1 billion. Now, it seems that Samsung is in talk with one of the leading PC makers, Lenovo, to sell off its computer and laptop business.
Epson has announced a steady year-on-year growth in the sale of its innovative Ink Tank System printers in East Africa, as more businesses in the region enjoy the benefits of implementing ITS technology in their workplace.
Epson has always fought fiercely against the counterfeit ink business and has taken multiple measures to curb the sale of counterfeit bottles. To protect the rights of its customers, Epson conducted a series of raids in Mumbai and Chennai recently, where operatives have generated information about fixers involved in filling, bottling, packaging and distributing counterfeit Epson ink. In an effort to send a strong message of zero tolerance towards the sale of fake cartridges, the police in different parts of the country have stepped up their cooperation and efforts to arrest and terminate such practices.
The PageWide printers are inkjet and are said to be “better quality than many laser printers”, and print with speed, reported Finance Columbia. HP Inc’s Marcela Fonseca said that Colombia has the available technology that companies desire and that the PageWide printer. Fonseca said that the printer is fast because of the 24,000 nozzles, the ink does not run and pages can be printed at 75ppm. She also said that colour printing is cost-effective, and that businesses could now make a choice between laser and inkjet or a “mixture of both”.
The colour multifunction printers from Fuji Xerox allow users to seamlessly print from and scan to Dropbox, other cloud services and mobile devices.
Japan’s biggest printing company is funding a start-up that makes paper out of rock, in a bid to diversify into new materials and as environmental concerns push companies to seek more sustainable products.
Albany, NY — (SBWIRE) — 11/28/2016 — The North America printing inks market exhibits a moderately fragmented competition due to presence of several large number of players. Several companies are focusing on developing bio-based printing inks in order to tackle challenges pertaining to regulatory framework vying to curb the usage of toxic materials. Transparency Market Research states that the leading players in the North America printing inks market held a collective share of 65.7% in 2015. The leading players in the market are Sun Chemical Corporation, INX International Ink Co., Flint Group, Quad Graphics Inc., and Siegwerk Druckfarben AG & Co. KgaA.
This printer can print houses.