In Sunday’s letter, HP rejected Xerox’s “intent on forcing a potential combination” by issuing threats. The response was, “We will not let aggressive tactics or hostile gestures distract us…” HP’s response let Xerox know that ‘It’s YOU, not us’ who are responsible for stalling the deal. Then HP provides a long list of reasons why. Click through for... Read More
HP said ‘NO’ last week to Xerox’s buy offer. Yesterday, Xerox responded, asking “Why” since the offer was higher than your financial advisor set? Meanwhile, Carl Icahn now owns substantial share in both firms. What’s the next step in the dance? We are providing you Xerox’s offering letter, HP’s rejection letter, and Xerox’s response. Read on for mo... Read More
This week, Xerox’s largest shareholder, Carl Icahn, disclosed that over the summer he bought 4.24% of HP (valued at $1,200,000,000). With his substantial ownership in both Xerox and HP, Mr. Icahn commented that the combination is a no-brainer that could yield big profits for investors – which includes him in a big way. What most amazed us about thi... Read More
Xerox makes for great and complex stories. Last year was the Xerox / FUJIFILM / Fuji Xerox roller coaster ride. The new thrill ride is Xerox’s buyout bid for 3X Bigger HP. Or might it be Xerox’s attempt to stimulate HP to bid on buying Xerox? Or is Xerox trying to entice another player to come into play – Canon or Konica Minolta or EFI – for all or... Read More
Lauren Easton, Eric Nieser, and Malika Williams, students at the University of Houston Digital Media Program, were awarded the inaugural Mal Baboyian Scholarships. The multi-year scholarship fund was established in honor of the leadership, mentorship, business acumen displayed by Mal Baboyian who recently retired from senior leadership positions at... Read More
Print Agnostic Student Becomes a Print Enthusiast After Classes at the University of Houston Digital Media Program. Next Goal is NYU Masters in Print Management. Read More
While many clients are requesting price reductions to help manage their cost of doing business, print suppliers are being hit with price increases for ink, paper, personnel, utilities, equipment, and cybersecurity to name a few. Their print clients have options: they can reduce quantities, switch providers, or move from print to social media. All o... Read More
Deborah Corn’s podcast with Andy & Julie Plata discusses the future workforce as universities continue canceling graphic arts programs. The Platas share how a university upgraded courses, with industry vendor assistance, to attract digital-native millennials. Graduates learn to initiate, produce, and manage a broad mix of media disciplines - includ... Read More
In the mid 70s Gary Starkweather pitched his idea of using Xerox copier technology to build laser printers. His boss declared it was the most brain-dead idea ever heard. Starkweather persisted working with his technical assistant, Bob Kowalski. As a team of two they created the Xerox laser printer which revolutionized printing and Xerox’s profits.... Read More
Developing breakthrough print technology is a daunting task. But, doing that while a company is dealing with the multi-year organizational upheaval seems almost impossible. Xerox accomplished the impossible! The new 100% Xerox designed from the ground up, high-quality, high-speed, cut-sheet inkjet press – The Baltoro HF Inkjet Press - will bring ma... Read More