Category: Business
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Interview: Mike Rottenborn, CEO of Hybrid Software Group
At the end of last year I caught up with Mike Rottenborn, CEO of Hybrid Software Group and discussed the history of the company and where he sees it going forward.
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Konica Minolta takes bigger slice of MGi
Konica Minolta has increased its holding in the French manufacturer MGI, so that it now owns 42.3 percent of MGI. More interestingly, Konica Minolta has also outlined its vision for its future in industrial inkjet printing.
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Global Graphics appoints new CEO
Global Graphics has chosen Mike Rottenborn to take over as its CEO at the start of the new year, following Gary Fry’s decision to step down from the role.
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Global Graphics buys Xitron
Global Graphics has acquired Xitron, a US-based company specialising in prepress solutions, for $4.5 million in cash.
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Xerox targets HP takeover
The Wall Street Journal has reported that Xerox is considering making a cash-and-stock offer for HP. Xerox itself told me that it does not comment on rumours, though HP has confirmed that it did receive a proposal on 5th November 2019.
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Xerox abandons Fuji Xerox business
Xerox has sold its remaining 25 percent stake in the Fuji Xerox joint venture to a subsidiary of Fujifilm, while Fujifilm has also agreed to give up on its efforts to sue Xerox for $1 billion following the failed merger last year. The two have also modified and extended the existing sourcing terms for future…
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Avery Dennison expands European manufacturing
Materials supplier Avery Dennison has expanded its production facility at the Rodange plant in Luxembourg, recently holding an opening ceremony to celebrate.
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Xaar losses lead to thin film exit
Xaar has published its interim results for the first half of this year, with even more red than most of my old school reports, and which has prompted the company to give up on its thin film piezo printheads.
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Stratasys increases stake in Xaar 3D
Xaar is planning to sell a larger stake in its Xaar 3D joint venture to Stratasys, which the two companies set up back in July 2018 to develop Xaar’s High Speed Sintering, or HSS, technologies.
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DIC to acquire BASF pigment business
DIC, a Japanese company familiar to most people as the owner of Sun Chemical, is set to acquire BASF’s global pigments business known as BASF Colors and Effects, or BCE, in a deal valued at €1.15 billion. This includes €985 million in cash plus the outstanding debts.
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Kodak to sell Chinese plate factory
Kodak has sold its offset printing plates facility in Xiamen, China to Lucky HuaGuang Graphics, in a move that underlines Kodak’s continuing financial weakness.
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Fujifilm extends Platesense to Europe
Fujifilm is rolling out its Platesense plate management scheme across Europe, having already trialled it in the UK since last summer.