Category: mergers and acquisitions
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Fujifilm to Acquire Photocopying Pioneer Xerox for $6.1 Billion
NORWALK, CT and TOKYO // BDPA HARTFORD // – Fujifilm and Xerox announced on January 31st they have entered into a definitive agreement to combine Xerox and their longstanding Fuji Xerox joint venture (JV). This newly combined company will be a global leader in innovative print technologies and intelligent work solutions with annual revenues of…
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Verizon to Buy XO’s Fiber-Optic Network
WASHINGTON—CNBC reports Verizon Communications, the No.1 U.S. wireless service provider, would buy Carl Icahn-owned XO Communications’ fiber-optic network business for about $1.8 billion. Verizon said the deal will include XO’s fiber-based Internet protocol and Ethernet networks that will help serve its enterprise and wholesale customers. Read more…