Xerox spins out predictive maintenance startup Novity
Xerox spun out the Novity division of its Palo Alto Research Center (PARC) as an independent company. The startup will focus on developing industrial predictive maintenance technology.
According to Xerox, Novity has proven that it can stand on its own feet. Xerox's former research division is sh... Read more
Xerox acquires Go Inspire to improve digital services business
Xerox has acquired Go Inspire to stretch its printing and document services business.
Xerox sells printing and (digital) document services across 160 countries worldwide. Go Inspire provides database marketing services in the United Kingdom, acting as a marketing production house.
The compan... Read more
HP installed vulnerable printer drivers on PCs for 16 years
SentinelOne recently uncovered a vulnerability in HP and Samsung printers. This is a so-called escalation of privilege vulnerability that originated in a poorly designed and not properly maintained printer driver. CVE-2021-3438, as the vulnerability is officially called, has received a CVSS score o... Read more
Stolen passwords could be found via Google
Log-in data of victims of phishing attacks were available on various hacked WordPress websites. These websites, and therefore the stolen login data, were indexed by Google.
Check Point Research writes about the findings in a blog post. The attackers first managed to hack existing WordPress websi... Read more
Xerox shuts down acquisition of HP in light of corona virus
Printer manufacturer Xerox recently stopped bids to acquire HP, but the company did make offers to individual shareholders to sell their stock to Xerox. A few days after HP's call to discontinue those attempts, Xerox announced that it is stopping all attempts, for the time being.
HP turned down ... Read more
HP asks shareholders to ignore Xerox bid during corona crisis
The intended acquisition of HP by Xerox was paused by the latter. However, the group does offer HP shareholders a high fee for handing over shares. In times of crisis due to the corona virus, HP calls on its shareholders to disregard the offer.
While HP has declined all of Xerox's offers, Xerox ... Read more
Xerox pauses HP takeover attempts due to corona virus
Xerox's attempts to take over HP, which in the meantime turned into a hostile takeover, have been halted until further notice. The company's attention could be better focused on the problems surrounding COVID-19.
According to Xerox, the escalating COVID-19 pandemic makes other issues more import... Read more
Xerox officially starts hostile takeover of HP
The company offers 24 dollars per share from HP, which is about 21.60 euros per share. After a series of slightly more friendly attempts, Xerox has now definitively decided to make a hostile bid. According to the company, a takeover would definitely offer more progress for HP.
Xerox first announ... Read more
HP wants to avoid Xerox acquisition with ambitious multi-year plan
In an effort to avert an acquisition by Xerox, HP will be rolling out a plan over the next three years to relaunch the company 'to the top of their game'. In the period from 2020 to 2022, HP plans to distribute approximately sixteen billion dollars to its shareholders.
Earlier, HP issued a share... Read more
HP presents shareholder rights plan to halt Xerox acquisition
HP has put in place a plan that explicates the rights of shareholders to prevent Xerox from acquiring the company. The document is intended to give shareholders increased control in the event of a takeover of more than 20 percent of HP's shares by an outside party.
Xerox previously threatened to... Read more