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In a direct appeal to HP shareholders, Xerox says its offer to buy its larger rival would create a $US66.8 billion printing industry giant and deliver $31 a share to HP shareholders. HP’s board rejected an earlier $US33.5 billion takeover bid from Xerox that had offered shareholders $22 a share. Xerox has also revealed it has its eye on 50,000 worldwide HP Wide Format customers and an estimated 10,000 global installations of HP’s flagship printer, the HP Indigo Press.
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With the Festive Season and long languid breaks on our doorstep, don’t forget to plan in your trip to Visual Impact Gold Coast 2020, incorporating the biennial ASGA/FESPA HP Awards for Excellence to be staged on Friday May 1st.
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UK premium films manufacturer MetaMark has released a new video showing the benefits of its MetaCast MDC cast digital film.
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Two EFI Vutek GS wide format printers and a Roland Soljet Pro-4 XR-640 device are among 67 remaining lots up for auction from collapsed Melbourne trade finishing business The Bindery, which shut down in October.
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Online entries are now open for the biennial Australian Sign and Graphics Association/ FESPA Australia 2020 HP Awards for Excellence, to be presented during Visual Impact Gold Coast 2020 in Broadbeach.
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Brisbane’s GJI Group has continued its expansion with the acquisition of Sydney-based Signpac – a family owned company that has provided signage to Australian primary and secondary schools, colleges, day care and aged care facilities for more than 20 years.
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How to future proof the sign industry from environmental change will be a focus of next year’s New Zealand Sign and Display Association’s (NZSDA) Vision 2020 - Shaping the Vision Expo. The country’s largest graphics, sign, display and large format trade show will be held in Auckland on June 11-13, the same week as the NZSDA conference and its awards event.
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HP will showcase its Stitch and Latex technologies in a curated exhibition space at next month’s Heimtextil 2020, the biggest international trade fair for home and contract textiles, held in Frankfurt January 7-10, 2020.
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Pantone, a provider of professional colour language standards and digital solutions, has named PANTONE 19-4052, Classic Blue, as its Colour of the Year for 2020. “A timeless and enduring hue elegant in its simplicity,” says a Pantone press release. “Suggestive of the sky at dusk, the reassuring qualities of the thought-provoking PANTONE 19-4052 Classic Blue highlight our desire for a dependable and stable foundation from which to build as we cross the threshold into a new era.”
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New research from Smithers says digital print output will increase by 65% over the next 10 years, from $US139 billion in 2019 to $US230 billion by 2029. The dynamic growth rate will be driven by package printing, books and other graphic printing areas.
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Carl Icahn, master Wall Street tactician and big shareholder in both HP and Xerox, has followed his proven pattern in hostile take-overs and issued an 'Open Letter' trying to persuade HP shareholders that it's a good thing to allow Xerox to take HP over and save USD$2 billion a year in operating costs. He makes some valid points but admits it's all about 'making billions' - no mention of customers here.
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If ever there was evidence for the NSW Government to give more support to TAFE education, the Hornsby Northern Sydney Institute campus’ ‘Rise’ showcase of Cert IV student work was just that – amazing!
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Well established Brisbane printer AFX Digital has been wound up and has appointed Travis Pullen of B&T Advisory as liquidator. It's the second print business liquidation this week.
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The Australian Competition & Consumer Commission (ACCC) has opened an investigation into 'competitive impacts' of global giant Nippon Paper’s $1.7 billion proposed acquisition of Orora’s paper packaging assets. Japan's Nippon already owns Australian Paper, the country’s only manufacturer of printing and packaging papers.
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Supplier Ricky Richards is holding its annual fundraiser for the Sydney Children's Hospital Foundation this Friday 6 December and is appealing for donations. Over the past 23 years, the company has raised more than $186,000 for the hospital.
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