In a self-congratulatory statement, Carl Icahn compared the Xerox/Fujifilm story to television dramas like House of Cards and Billions. Certainly the whole thing has its share of twists and turns. Two days after dumping its CEO and board members, the company announced that its leadership is staying put for now. “Xerox and its Board of […]
View More Never mind, Xerox’s CEO is staying put for nowCategory: Xerox
Xerox CEO is out ahead of planned Fujifilm deal
The Xerox/Fujifilm deal was never a given for any number of reasons. Now the planned takeover has been thrown into even more doubt, as Xerox CEO Jeff Jacobson and six board members are stepping down. The move is considered a huge win for Carl Icahn and Darwin Deason, who have been attempting to kill the […]
View More Xerox CEO is out ahead of planned Fujifilm dealAuthor Brian Dear talks about the amazing PLATO computing system
Before Xerox Parc there was PLATO. This amazing computing system came to life in 1960 and by the 1970s was running a number of graphical terminals well before the rise of Xerox PARC and the Alto. This wild little system used some unique hardware …
View More Author Brian Dear talks about the amazing PLATO computing systemBillionaire investors Icahn and Deason write blog post slamming Xerox-Fuji deal
Carl Icahn and Darwin Deason are a couple of seasoned billionaire investors, who know a bad deal when they see it, and they definitely don’t like the $6.1 billion deal announced last month to combine Fuji with Xerox. In a blog post published today, they are urging fellow shareholders to reject the offer. You may recall that it was Icahn and Deason, who together own a 15 percent stake in… Read More
Fujifilm will take over Xerox, cut 10,000 jobs
Fujifilm announced this week that it’s set to take a majority stake in Xerox. The news comes as the U.S. tech stalwart and photocopying synonym struggles to cope with an eroding demand for office printers and photocopies. The boards of both companies agreed to the deal this week, giving Fujifilm a 50.1-percent stake in the combined companies.
The naming conventions on this one are… Read More