The Recycler
  • Katun March Web Advert 2021
  • Static Control June 2022 Masthead Ad
  • Biuromax Web banner June 2022

Ricoh talks PFU acquisition and new partnership

Ricoh talks PFU acquisition and new partnership

May 12, 2022

The company recently announced the acquisition of PFU Limited and a business alliance with Cybozu, Inc.

Ricoh Company, Ltd. recently announced that it will acquire a majority share of PFU Limited (a consolidated subsidiary of Fujitsu Limited), a leading global document scanning business. Ricoh Company, Ltd. also announced a business alliance with Cybozu, Inc., a software company headquartered in Japan.

Both announcements are a part of Ricoh’s global growth investment strategy (outlined in FY21-25 Ricoh Lift-Off) supporting the company to expand its digital services portfolio for the benefit of customers across the globe, regardless of the size of their business.

Through the planned majority acquisition of PFU Limited, Ricoh is investing in the initial stage of the digitisation process – a process which often starts with physical documents being scanned into a subsequent automated workflow, as well as IT management service functions in Japan and the industrial computer business. 

The planned purchase date of the acquisition is 1 July 2022.

Nicola Downing, Ricoh Europe CEO, said: “Our investment in this key area of the document management market strengthens our ability to provide our customers with end-to-end support and expertise to optimise their workflows and process automation.”

Ricoh’s partnership with Cybozu, Inc. will see the two companies working together on Cybozu’s cloud services teamwork platform (called ‘kintone’) to develop a Ricoh branded version of the platform to be launched globally starting with Japan.

Downing added: “These two significant announcements cement Ricoh’s commitment to invest in growing solutions and services which support our customers wherever they are on their digital transformation journey.” 

Categories : City News

Tags : Acquisition Business Growth Partnership Ricoh

  • IR Italiana Web ad January 2021
  • Ink Tank October 2022 Big & Bold
  • Apex Web Ad September 2022
  • Mito Web Ad September 2022
  • GM Tech Web ad September 2022
  • Aster October 2022 Bog & Bold
  • October 2022 Big & Bold GPI
  • Static Control June 2022 Big & Bold Ad
  • ITP Web ad January 2021
  • Zhono Web Ad October 2022
  • CET June 2022 Web ad
  • PCL Web ad January 2021
  • HYB Web banner
  • CTS New Ad March 2022
  • Zhono Web Ad October 2022
  • PCL Web ad January 2021
  • HYB Web banner
  • CET June 2022 Web ad
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • HYB Web banner
  • Zhono Web Ad October 2022

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark