back to article Fujifilm, Xerox throw each other a US$6.1 billion lifeline

Fujifilm has announced a $US6.1 billion deal to take control of troubled Xerox. It's a complex deal: the Fuji Xerox joint venture (75 per cent owned by Fujifilm) will spend $US6.1 billion buying Fujifilm's stake in the J/V, and Fujifilm will use those billions to buy a 50.1 per cent stake in Xerox. The combined company will …

  1. Mayday Silver badge
    Coat

    This prompted me

    To have a look and see what Fuji"film" actually do.

    It would seem that (among other things) they still make film! Including black & white and slide film. Well there you go :)

  2. tony2heads

    Lifeline

    There is little point in throwing each other a lifeline if both are sinking

    1. Rob Daglish

      Re: Lifeline

      Oh I don't know, it's always more fun going down with company than on your own...

  3. adam payne Silver badge

    Does this mean Xerox will improve their tech support processes so I don't have to go backwards and forwards with them for a week to get an engineer out?

    1. nijam

      > Does this mean Xerox will improve their tech support processes so I don't have to go backwards and forwards with them for a week to get an engineer out?

      No.

      1. A phone for Engineers BY Engineers

        Wrong, with the demise of the usfeminazi currently at the helm, the answer is YES

        Finally, good management comes to the big X USA. Customers rejoice.

  4. Doctor Syntax Silver badge

    "Last week, activist investors Carl Icahn and Darwin Deacon demanded changes at the top of Xerox and the dissolution of the 50-year-old Fuji Xerox joint venture as a response to an accounting scandal in 2017. This may not be quite the change they wanted!"

    I can't tell you how disappointed I am for them. Because I'm not.

    1. ecofeco Silver badge

      Ichan the vulture capitalist.

      You can always smell his stench around once great and now dying companies.

  5. handleoclast
    Coat

    The venture needs a snappier name

    "Fujifilm Xerox" sucks as a brand name.

    "Xefilm" sucks even worse.

    "Fujirox" is a bit better.

    "FuX" sounds best of all.

    YMMV.

    1. Binraider666
      Joke

      Re: The venture needs a snappier name

      On the subject of brand names, I am reminded of the hypothetical merger between Sharepoint and Twitter :-P

      1. Anonymous Coward
        Anonymous Coward

        Re: The venture needs a snappier name

        Twitpoint?

    2. Chemical Bob
      Thumb Up

      Re: The venture needs a snappier name

      "Xerjifilm" Wouldn't want to use it in a sentence, though...

      1. A phone for Engineers BY Engineers

        Re: The venture needs a snappier name

        It already has one, Fuji has been running the real world (AKA outside the USA) for 50 years, the new name is, wait for it - Xerox.

  6. ecofeco Silver badge

    And thus ends yet another era

    Funny how many once great American companies have killed themselves over the decades, yet we are still forced to believe that American capitalism is the absolute bestist!

    Pro tip: ditch your IBM stock before the middle of this century. They're next.

  7. macaroo
    Unhappy

    Two Words

    Can you say.....Disruptive Technology

  8. Yes Me Silver badge
    Holmes

    Scandal!

    The Fuji Xerox accounting scandal ain't over and done with yet:

    Civil suit

    Constable Plod

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