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Ricoh buys Ikon to strengthen channels

By Paul Kunert

28 August 2008

Ricoh may have set the cat among the pigeons by splashing out $1.6bn (£873m) on print services integrator Ikon Office Solutions.

This comes at a time when Ricoh is trying to strengthen ties with IT resellers and may also serve to dilute the independence of Ikon, which carries a range of hardware from competing printer and copier vendors.

In a fast growing printing and document solutions market, the challenge facing Ricoh is to “strengthen channels” for assessing customers’ needs and offering advice, the copier vendor said in a statement.

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