Xerox issues letter to HP

November 25, 2019

Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today sent a letter to members of the Board of Directors at HP Inc. (NYSE: HPQ) regarding its proposal to acquire HP for $22.00 per share, comprising $17.00 in cash and 0.137 Xerox shares for each HP share.

The CLI Group collaborates with HP by investing in HP Latex 1500 Printer for digitally printing on upholstery substrates for hospitality market.

Today, personalized products are everywhere and on everything. Advancements in printing technology make this trend a new, profitable market opportunity for Print Service Providers. With HP Satin Wrapping Paper, your customers can create custom gift wrap with HP PageWide XL, HP Latex or HP Z6XXX printers with little to no investment. HP Satin Wrapping Paper is a printable, high-quality gift wrap that provides excellent image quality at production speed. HP Satin Wrapping Paper creates memorable gifts for all occasions with personal photos, logos and messages.

HP Inc. (NYSE: HPQ) today announced that its Board of Directors has unanimously rejected the unsolicited proposal from Xerox Holdings Corporation (NYSE: XRX) to acquire the Company.

HP Inc. (NYSE: HPQ) have issued the following statement:

A staple of Louisville, the KFC YUM! Center is a multi-purpose sports and events venue known to draw large crowds of people – more than 23,000 – for everything from college basketball games to heavy metal concerts. But, crowds of people aren’t the only “large” things to make the Center unique. Recently, Center representatives approached S.K. Sign & Banner with an urgent request to print and install a very large, 21-foot tall wall graphic – in just three days.

HP Inc. (NYSE: HPQ) and ePac, the all-HP Indigo digital flexible packaging leader, today announced a significant expansion with HP Indigo. ePac will roll out a new wave of HP Indigo 20000 digital presses in 2020 to continue disruption of the global flexible packaging market with new opportunities for small and medium-size businesses (SMBs), as well as larger consumer packaged goods companies (CPGs).

HP Inc. has announced a significant investment in the next generation of water-based ink solutions. The company has committed $200 million over five or more years to develop water-based ink technologies for printing digitally on corrugated packaging and textiles.

Integrated workflows with print and cut solutions are enabling businesses to shorten lead times and offer a wider range of applications than ever before. Therefore, Summa is proud to announce that HP has validated Summa’s F Series flatbed cutters for the HP Latex R Printer Series. The printers and cutters complement each other perfectly, bringing customer workflows to the next level.

French RIP software specialist Caldera has announced RIP support for the new HP STITCH series of printers, having developed TextilePRO printer drivers specifically for the range. The new and intuitive workflow suite has been designed to enable fast, precise textile printing that will cut down on waste and error, resulting in more profitable production.

For over 20 years, R A Smart has led the UK in digital textile print production and the supply of CAD and CAM printers and finishing solutions to the textile industry. Testament to their expertise in this field, the company was recently appointed exclusive UK reseller of the HP Stitch range of dye-sublimation digital textile printers.

Graphics professionals in the UK will benefit from a local partnership between HP and Zünd UK, which sees an HP Latex R2000 installed in Zünd’s demonstration suite.

HP’s new portfolio of adhesive vinyl and printable laminates provide cost-effective solutions for a multitude of applications from outdoor and indoor signage to trade shows and fleet graphics. HP Adhesive Vinyl is made in the USA, is REACH compliant* for environmental assurance, B1 flame-resistant and has over 10 years of outdoor print permanence.

Eighteen months ago, dye sublimation didn’t even register on the dial at Manchester Print Services, the wide-format digital printing company set-up by Lee Egan and Andy Lambert in 2010.

K-D Hermann GmbH contact Labelling Systems acts on the changed order situation in label printing and installs its first digital printing machine, the HP Indigo 6900.

In July 2019, the “Striped Express” was launched in the Moscow Metro.

Barcelona-based converter Germark has signed today at Labelexpo Europe 2019 for an HP Indigo 6900 Digital Press to continue to drive innovation in the labelling market.

Dokument-Tarra Oy, a Finland-based label converter, has chosen the HP Indigo 6900 Digital Press to deliver innovative and more sustainable printing services to the Finnish market, including HP’s breakthrough silver ElectroInk.

CUP-IT, a print application startup company, unveiled its label-to-pouch drinking cup application at the HP booth in Labelexpo 2019 Brussels.

Fort Dearborn Company, a leading North American supplier of high-impact prime labels for the consumer goods industry, has made a multi-million dollar purchase of five new high-performance HP Indigo labels and packaging presses, more than doubling digital capacity to deliver innovative and more sustainable digital printing services.

HP Indigo and Agfa today announced at Labelexpo 2019 a unique variable design security solution for brand protection and security printing. HP Indigo Secure Studio Powered by Agfa creates unique graphic designs with endless variations.

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