Ricoh, IBM Form Joint Venture

“It’s not a bad business,” he hastened. “It simply needs a new direction.” Ricoh’s expertise in small and medium enterprises, he said, will enable the business to expand.

Masamitsu Sakurai agreed: “I am confident that we are poised to take a sizable share of this market,” he said. “We will invest the necessary resources to make InfoPrint Solutions Co. into a core business.”