ALSO READFormer HP executive Raj Kumar Rishi appointed Xerox India Managing Director Fujifilm launches 'X-E3' mirrorless digital camera at Rs 70,999 Carl Icahn, the car guy: Why he bets on Hertz, Lyft and Pep Boys Google to release Clips camera, GoPro stock dips by 6 percent Scientists develop new camera that can see through human body
Printer manufacturer Xerox Corp is in talks to do a deal with Japanese camera maker Fujifilm Holdings Corp that could include a change in control of Xerox, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
However, a full takeover of Xerox is not on the table, the newspaper said, citing one of the people.
Xerox "desperately" needed new leadership as it was slow to launch new products and increase revenue, activist investor Carl Icahn wrote in an open letter to shareholders in December, a day after nominating four members to the board.
Last August, Fujifilm said it aimed to spend 500 billion yen ($4.49 billion) in strategic acquisitions over three years as it seeks growth outside its shrinking photographic film business.
($1 = 111.4800 yen)