Xerox sells Fujifilm stake for $2.3 billion

Xerox sells Fujifilm stake for $2.3 billion

Xerox and Fujifilm end 57-year partnership as last year’s merger fell through. Xerox will sell its twenty five percent stake in the Fuji Xerox venture and receive $2.3billion (€2.06 billion) and secure sourcing terms for future product programs that will ensure...
Record-high income for Fujifilm

Record-high income for Fujifilm

Fujifilm Holdings announced its financial results for the fiscal year ended 31 March 2019. In the company’s presentation, Fujifilm highlights its “record-high” income which increased 70.1 percent compared to the previous fiscal year, to ¥209.8 billion ($ 1.911...
Fujifilm wins patent infringement battle

Fujifilm wins patent infringement battle

The OEM is celebrating a successful outcome to the lawsuit filed against Nazdar, and its German distributor Zaro. In 2017, Fujifilm Speciality Ink Systems Ltd (FSIS) filed a suit against Nazdar Co., US and Nazdar Limited, UK, as well as its German distributor Zaro...
Fujifilm wins patent infringement battle

Xerox motion dismissed in court

The OEM’s long-running wrangle with Fujifilm has taken another turn, with Xerox’s attempts to dismiss Fujifilm’s lawsuit ending in failure. After the collapse of the Fuji Xerox joint endeavour last year, Fujifilm announced it was suing the American OEM, in the United...
Fujifilm reports mixed financial results

Fujifilm reports mixed financial results

The company has unveiled its latest financial results for Q3 of FY19, reporting “flat” revenue but “record-high operating income”. Fujifilm, which has experienced some well-publicised struggles this year centred around the notorious failed Xerox deal, has just...