Sunday, December 04, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Sent Letter NHTSA Asking About Autonomous Vehicle Guidelines
Apple Blames Battery For Random iPhone 6s Shutdowns
Microsoft Stores Reveal Xbox Discounts And Offers
Researcher Bypasses The iOS Activation Lock
Facebook To Offer $20 million To Improve Silicon Valley Communities
Xiaomi Launches Voice -controller Mi Wi-Fi Speaker
Xiaomi "Denies" Mi MIX Nano Existence
Nokia D1C Specs Leak
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Ricoh a...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 31, 2004
Ricoh and Hitachi reach basic agreement on Ricoh's acquisition of Hitachi printing solutions


Ricoh and Hitachi today announced that they have signed a basic agreement to the effect that Hitachi will transfer all its shares of Hitachi Printing Solutions, a 100% owned subsidiary, to Ricoh.

Ricoh is committed to strengthening its printer business, an important pillar of its growth strategy. To this end, Ricoh will strengthen product lines for the office color printer market, printers for mission-critical systems and POD, or print-on-demand, markets, in which Ricoh is yet to participate. In addition, Ricoh will enhance IT sales channels on top of its conventional copier marketing channels. Through these initiatives, Ricoh will optimize "Total Document Volume" as the strategic objective of its imaging solutions business.

In accordance with the basic agreement, Ricoh will acquire Hitachi PRS, which enjoys considerable success with its printers for mission-critical systems, high-speed printers for the POD markets and also low-end color laser printers. Hitachi PRS's participation in the Ricoh group will not only create synergistic effects in the areas of technology, products and human resources for Ricoh printer business but also contribute to increasing Ricoh's corporate value.

Hitachi, for its part, is making every possible effort to ensure that all its businesses win in the global marketplace in accordance with its mid-term business plan: "i.e.HITACHI Plan II." This basic agreement was made within the context of this plan. Hitachi sees printers as important products for its information and communication systems business and intends to provide its customers with even higher valued-added solutions, maintaining all the while a strong business partnership with Ricoh.


Previous
Next
Samsung expands use of SRS Labs' WOW Technology for its digital audio players        All News        Gigabyte teams up with Foxconn to counter Asustek
Samsung expands use of SRS Labs' WOW Technology for its digital audio players     Optical Storage News      Gigabyte teams up with Foxconn to counter Asustek

Get RSS feed Easy Print E-Mail this Message

Related News
Hitachi Finger Vein Authentication System Uses A Smartphone Camera
RICOH THETA SC Model Added To Company's 360-degree THETA Camera Lineup
Hitachi Develops New Humanoid Robot
Hitachi and Honda Develop Portable Breath-based Alcohol Detection Device For Car Drivers
New RICOH WG-M2 Action Camera Supports 4K Video, Features 204-degree Lens
Ricoh Unveils The PENTAX K-1 35mm full-frame digital SLR Camera
Ricoh Releases Limited-edition GR II A Compact Camera
Hitachi, Mitsubishi Electric Fined By Europe Over Automotive Parts Cartel Case
Ricoh Unveils Upgraded THETA S Spherical Camera
New Ricoh GR II Compact Camera Supports Wi-Fi and NFC
Hitachi Wearable Sensor Helps Working Groups Be Happy And Productive
Hitachi Wearable Device Monitors Brain Functions

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .