Digital printing industry trends, says EFI CEO Jeff Jacobson, will continue to drive migration.
Mark Michelson
Xerox will launch a tender offer on March 2 for all of the outstanding shares of common stock of HP at a new price of $24 per share.
The 21st rendition of EFI Connect, held Jan. 21-24 at the Wynn Las Vegas also marked a seminal point in the history of EFI itself.
Despite Xerox lining up $24 billion in financing, HP’s board claims the acquisition offer significantly undervalues what HP is worth.
Xerox now has $24 billion in financing commitments from Citi, Mizuho, and Bank of America to complete its proposed $33.5 billion offer.
Icahn implored HP shareholders to pressure HP’s board to expedite a due diligence process and accept Xerox’s $33.5B acquisition offer.
HP’s board of directors rejected Xerox’s offer and its ultimatum of a hostile bid attempt if the HP board didn’t proceed accordingly.
Xerox is considering a $27B offer for HP Inc., a Palo Alto, Calif.-based company with a market value more than three times its own.
The U.S. Department of Commerce is investigating if uncoated paper rolls from Australia, Brazil, China, and Indonesia are being dumped.
When EFI CEO Bill left after the acquisition by Siris became complete, that role presented an opportunity Jacobson just couldn’t pass.
Quad and LSC decided that the added delay, uncertainty, and legal costs would have eroded many of the expected benefits of the merger.
CEO Bill Muir said trying to keep up with Wall Street’s quarterly report-sales-growth cadence made it difficult to manage the business.
Lisa Kaiser Hickey, chair of DPRINT in Lakeland, Fla., has seen many changes during her four decades serving in the printing industry.
David Wang, of CMC in Fremont, Calif., discusses success with its imagePRESS digital printers, as well as expansion into new markets.
Tom Metzger, former Metzgers president, drew pride from not only operating a family business, but ensuring its longevity and success.
