LATEST PRINT INDUSTRY NEWS
Check this space for the latest news, happenings and commentary in the world of print in Asia and the occasional beyond
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Print Innovation Asia
- Apr 2, 2020
Xerox ends bid for HP, cites virus outbreak
Xerox has withdrawn its offer to acquire HP in light of the current COVID-19 situation. In an earlier statement Xerox said that it would...

Print Innovation Asia
- Mar 18, 2020
Xerox postpones HP takeover due to COVID-19
Xerox has issued a statement that it is putting its HP pursuit on hold amidst the current COVID-19 pandemic. To that end, the company is...

Print Innovation Asia
- Mar 9, 2020
HP says no to Xerox: here's 15 reasons why
HP unanimously rejects Xerox’s official tender. Last week, Xerox officially launched a tender offer HP’s outstanding shares at $24 per...

Print Innovation Asia
- Mar 6, 2020
Canon will cut ties with HP if Xerox succeeds
Canon will cut off ties with HP should Xerox’s acquisition happen, according to its CEO and Chairman Fujio Mitarai in an interview with...

Print Innovation Asia
- Mar 3, 2020
Xerox launches hostile $24 a share bid for HP
Xerox has officially made a tender offer to acquire all of HP’s outstanding shares. The deal values HP share at $24 each, or about $34...

Print Innovation Asia
- Feb 27, 2020
HP promises $16bn returns in 3 years
As Xerox 'wine and dines' HP shareholders, HP makes its own promises. HP announced a multi-year strategic and financial value creation...

Print Innovation Asia
- Feb 11, 2020
Xerox raises HP offer to $24 per share
The Xerox vs HP saga continues. Xerox announced its intention to launch a tender offer in March for HP Inc., at a price of $24 per share....

Print Innovation Asia
- Feb 6, 2020
Fuji Xerox to change name in 2021
Fuji Xerox Co., Ltd. announced that it is changing its corporate name to FUJIFILM Business Innovation Corp. as of April 1, 2021. Fuji...

Print Innovation Asia
- Jan 28, 2020
Xerox attempts to replace HP board
Xerox goes for HP in hostile takeover bid. Xerox intends to nominate 11 independent candidates to replace HP’s Board of Directors at HP’s...

Print Innovation Asia
- Jan 17, 2020
Xerox snubbed again by HP
Following Xerox’s announcement of securing US$24 billion in financing commitments, HP has once again rejected Xerox’s takeover bid. The...

Print Innovation Asia
- Jan 8, 2020
Xerox secures $24 billion to acquire HP
Xerox announced to HP Inc. in a letter to its Board of Directors confirming that it has obtained USD$24 billion in binding financing...

Sha Jumari
- Nov 19, 2019
HP says no to Xerox's $33.5 billion acquisition bid
Upon its dispute resolution with Fujifilm, Xerox made a bold move on its competitor, HP Inc. It offered USD$22-a-share, resulting in a...

Print Innovation Asia
- Nov 6, 2019
Dispute finally ends: Xerox sells Fuji Xerox stake to Fujifilm
Xerox announced that it has entered into agreements with Fujifilm. In the new agreement, Xerox will sell its 25% stake in Fuji Xerox to a...

Print Innovation Asia
- Mar 13, 2019
Xerox restructures business to create holding company
US-based Xerox Corp has announced via a filing with the SEC that it plans to implement a structure in which the existing company will...
Print Innovation Asia
- Jun 26, 2018
Fujifilm sues for $1 billion; Xerox responds
Fujifilm has filed a lawsuit against Xerox for cancelling its proposed merger. The lawsuit sought punitive damages and a US$183 million...