Fujifilm’s $6.1B Merger with Xerox Implodes After Investors Revolt
Xerox has called off its $6.1 billion mega-merger with Fujifilm after major shareholders revolted due to their belief that Xerox had been undervalued.
Xerox has called off its $6.1 billion mega-merger with Fujifilm after major shareholders revolted due to their belief that Xerox had been undervalued.
Fujifilm just took over Xerox in a deal worth $6.1 billion that creates an $18 billion company. Fujifilm will have majority ownership and complete control over the American company best known for its photocopiers.
Most photocopiers (AKA Xerox machines) these days use a technology called xerography, which is also known as electrophotography. While it's almost always used as a means to create copies of documents, electrophotography can also be used as a photo process for making prints.
Photographer Tom Carpenter is one of the few artists on Earth who works extensively with this process for his images.
Xerox is showing off a new tool called Aesthetic Image Search over on …
Dr. John Warnock, Adobe's co-founder and co-inventor of the PostScript technology, passed away at the age of 82 on Saturday.
It's a strange twist of fate that the company that rivaled Kodak in film manufacturing but currently makes very little of its money from the camera business should now be the largest camera manufacturer in the world.
Charles “Chuck” Geschke, the co-founder of Adobe who helped with the development of the Portable Document Format, or PDF, died in his home of the San Francisco Bay Area suburb of Los Altos on Saturday, April 17. He was 81.
Have you ever wondered why Adobe is called Adobe? Or perhaps you are curious about how the company went from a garage startup to one of the most powerful software companies in the world. In this 17-minute video, ColdFusion answers those questions and more.
Canon has reportedly been hit by a devastating ransomware attack. In addition to knocking a long list of Canon websites offline, the attack is said to have resulted in a whopping 10 terabytes of data being stolen from Canon servers.
As the world scrambles to find an effective treatment and develop a vaccine for the COVID-19 coronavirus, camera maker Fujifilm's name popped up in the headlines, but it had nothing to do with the cameras or film that they're known for.
After recently sharing a portrait on social media, I was asked by a lot of people to write a breakdown on how I achieved the shot.
The Kodak moment is gone, but today Fujifilm thrives after a massive reorganization. Here is a detailed analysis based on firsthand accounts from top executives and factual financial data to understand how and why the destinies of two similar companies went in opposite directions.
Episode 279 of the PetaPixel Photography Podcast.
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Featured: Sony Artisan of Imagery, Tony Gale
Episode 251 of the PetaPixel Photography Podcast.
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Featured: Street photographer, Craig Whitehead
Moving down the aisles that are carved between each row of seats, the line slowly edges on. A choir of no more than three people -- woman and two men -- expel their voices gently and slowly, serenading the churchgoers as they inch forward toward the pulpit where they receive their bread and wine.
This is a long article, meant to be read at your leisure.
You better start swimmin’ or you’ll sink like a stone
For the times they are a-changin’. -Bob Dylan
Technology changes tend to be of two types: incremental improvements or disruptive innovations. Incremental improvements allow one manufacturer to take market share from another and give fanboys fuel for internet forums. Disruptive innovations may create a million new customers. Or make a million potential customers leave for some new hobby or way of doing things.
As I sat trapped in a coach seat on an aged and tattered American Airlines airplane I had time to think about the whole spectrum of art photography. I wanted to have a clearer window into the different ways in which people who aren't using their cameras to make a living in a traditional, commercial application of photography approach their subjects and their understanding of style. How much is generated internally and how much is a reflexive reaction to a world inundated in images?
I spoke with a person in the film industry on Friday. We were talking about HMI lighting and he made a remark concerning still photographers. I give him credence since his background originally included a successful career in photography. His remark, in regards to the real lack of lighting acumen among most shooters was this: "There's no such thing as a good photographer under 40."
In 1974, Japanese photographer Daido Moriyama had an exhibition in Tokyo called "Printing Show" that featured a Xerox machine in the center of the room manned by Moriyama himself. Visitors were encouraged to select photos from the show, which were then reproduced and assembled into custom photo books. This past weekend, Moriyama repeated the show in New York, once again using a photocopier to provide attendees with custom signed editions of the DIY book. The book was titled "TKY" and bound in a nice silk-screened cover.