For both Xerox and HP this has included an investment in 3D printing. HP confirms it has received a proposal from Xerox about being acquired Ron Miller 9 months Rumors have been flying today about Xerox possibly buying HP … Expanded June this year, the relationship sees Xerox sourcing A4 and entry-level A3 printers from HP, and supplying toner for these printers and other HP products. History Says It’s a Bad Idea. 0 0 . Xerox is preparing a shock bid for HP in what could be one of the most surprising takeover deals in recent years.. Speculative $27 billion offer looms Beau Jackson November 06th 2019 - 11:45am. “As reviewed at HP’s most recent Securities Analyst Meeting, we have great confidence in our multi-year strategy and our ability to position the company for continued success in an evolving industry, particularly given the multiple levers available to drive value creation.For the year ended December 31st 2017, Xerox posted revenue of $10.3 billion. The parties also have a business relationship in place, which was expanded in June 2019.© Copyright 2017 | All Rights Reserved | 3D Printing IndustryThere is a clear disparity between the size of the companies, with HP reported as more than three times the size of Xerox. A Xerox Holdings Corp. shareholder sued Carl Icahn and an investment vehicle he controls, alleging they bought $1.2 billion worth of HP Inc. shares knowing that Xerox … The company recently released its third-quarter results for fiscal 2018 which were better-than-expected at $2.2 billion. We have considered, among other things, what would be required to merit a transaction. Xerox’s cloud-based content management platform DocuShare has also been made available on HP PCs.When approached for a response, an HP spokesperson told 3D Printing Industry, “We do not comment on rumors or speculation.”*For the most recent full fiscal year, ended October 2018, HP posted a revenue of more than $85 billion. Additionally, so far for 2019, Xerox shares are up 84%, whereas HP shares were down 10% prior to today’s news. Will Xerox buy HP? Icahn earlier this month urged HP to push ahead with takeover talks, arguing the hardware maker’s standalone plans amount “to little more than rearranging the deck chairs on the Titanic.” Xerox has taken its case directly to shareholders, saying the takeover would create as much as $1.5 billion in potential revenue growth, according a presentation to investors made public earlier this week.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Icahn Capital is Xerox’s largest shareholder, owning almost 11% of the stock as of September 30. In addition, the two companies have committed to launch a Device as a Service (DaaS) program. While the date of Icahn’s purchases were not revealed, an analyst speculated two days after the end of the third quarter that an activist investor might be targeting HP shares citing reasons including a “huge spike” in trading volume without an obvious reason, according to the suit.Photographer: Victor J. Blue/BloombergA representative for Icahn was not immediately available for comment.HP last month rejected an unsolicited, cash-and-stock offer from Xerox worth $22 per share, or about $33 billion. *HP backtracked on the stated policy of not commenting on “rumor or speculation” with this comment confirming a proposal has been received:Xerox and HP have an existing business relationship in the laser printing sector.