Xerox’s PARC spins out Novity

Xerox’s PARC spins out Novity

Xerox has spun out Novity, a start-up founded by Xerox’s Palo Alto Research Centre that has developed and commercialised industrial predictive maintenance technology. The Novity solution was launched by PARC earlier this year and is an Industrial Internet of Things...
Two market leaders join together

Two market leaders join together

UK based Westcoast and Germany based KOMSA agree on a strategic partnership and create a €5.5 billion ($5.4 billion) technology enterprise. The two companies are leaders in their respective markets and the partnership will “form Europe’s largest family-owned ICT...
Konica Minolta “earnings steadily recovered”

Konica Minolta “earnings steadily recovered”

The company announced its latest consolidated financial results, reporting that production volumes recovered, and the order backlog began to decrease. For the second quarter of FY2022 Konica Minolta reported revenue of ¥282.9 billion ($38.86 billion/ €39.24 billion),...