December 16, 2021

M&A Roundup: Offix, Visual Edge, Americom Shop Before the Holidays

It is a bit unusual for office dealers to announce acquisitions just prior to year’s end; they generally wait until after Jan. 1 to trumpet any deals made in December. But a trio of dealers—Offix, Visual Edge and Americom—decided to beat the holiday rush. Offix, a premier
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Log4shell Vulnerability Leaves Software Community Scrambling

Just in time for the holidays is a new, major cybersecurity threat that has tech companies mobilizing to remediate a software vulnerability. The Log4shell vulnerability was identified in Apache’s Log4J software library. The library enables developers to track changes in the
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The Vanishing Business: Elite Dealers Cope with the Loss of Customers

Last week, we led off our Elite Dealer challenges overview with a focus on how they have dealt with the evolved needs of their clients. But the one obstacle that was impossible to overcome was the rash of end-users who went out of business, and our dealer panel had its share of
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Lessons in Business, Life Keep Copiers Northwest Difference Maker Mark Petrie on Point

If there was ever a time and circumstance when Mark Petrie wouldn’t mind being considered boring, it would definitely be in the eyes of his kidney transplant doctor. In that case, boring is good; great, in fact. It’s been 18 years since Petrie endured a kidney transplant, and the
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Konica Minolta Receives BLI Pick Award from Keypoint Intelligence

Ramsey, NJ (Dec. 16, 2021) — Konica Minolta Business Solutions U.S.A. Inc. (Konica Minolta) is proud to announce it has received a Buyers Lab (BLI) 2022 Pick Award in the Document Imaging Software category. This accolade recognizes the most impressive solutions evaluated by
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DARPA Awards PARC Contract to Accelerate Learning of Complex Skillsets Through Artificial Intelligence and Augmented Reality

Palo Alto, CA (Dec. 16, 2021) — PARC, a Xerox company, announced today it has been awarded a $5.8 million contract by the Defense Advanced Research Projects Agency (DARPA) to work with the University of California at Santa Barbara, the University of Rostock and Patched Reality,
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2022 Economic Outlook Forecasts 4.6% Expansion in Equipment and Software Investment Growth and 3.5% GDP Growth

Washington, DC (Dec. 15, 2021) — Low financial stress, an expanding housing sector, and increased federal spending on infrastructure are expected to propel equipment and software investment growth of 4.6 percent for 2022. Annual U.S. GDP growth for 2022 is forecast at 3.5
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Konica Minolta Honored with 2021 ‘ASTORS’ Homeland Security Award

Ramsey, NJ (Dec. 14, 2021) — Konica Minolta Business Solutions U.S.A. Inc. (Konica Minolta) is proud to announce it has received a 2021 ‘ASTORS’ Homeland Security Award from American Security Today. The company’s Dispatcher Suite platform was awarded Platinum in the Best Imaging
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Kyocera and The Economist Launch Reshaping Productivity Report

Fairfield, NJ (Dec. 10, 2021) — Kyocera Document Solutions and The Economist, a media authority on international business, have produced a new report, Reshaping Productivity, A Changed Workplace after COVID-19, based on a global survey with leading business executives. This
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