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Printer manufacturer Xerox in talks for deal with Japan's Fujifilm: Report

Xerox needs new leadership as it was slow to launch new products and increase revenue

Reuters 

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 declined to comment, while Fujifilm said it would not comment on speculative reports. Xerox "desperately" needed new leadership as it was slow to launch new products and increase revenue, activist investor Carl Icahn wrote ...

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First Published: Thu, January 11 2018. 09:09 IST
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