Ricoh, Toshiba Tec unveils new JV called Etria

Ricoh and Toshiba Tec have completed the integration of their joint venture with the new business named Etria. Plans for the joint venture spanning multifunction printers (MFPs) and other products were announced over a year ago.

03 Jul 2024 | By PrintWeek Team

A Ricoh MFP that can punch, staple, fold and bind documents inline

On 1 July, Ricoh and Toshiba Tec confirmed the partnership and business integration had been completed, which includes manufacturing operations related to MFPs in Japan and overseas.

Etria begins operations with a capital of Pound 2.45m. It is a consolidated subsidiary of Ricoh and an affiliated company to Toshiba Tec.

Katsunori Nakata, president of Ricoh’s Digital Products business unit, is president and CEO of the new company.

As well as MFPs, the venture will involve collaboration on new products to help customers with their digital transformation initiatives in the workplace.

Etria will also integrate image recognition tech from the two firms, using Toshiba Tec’s barcode printer and RFID know-how, and Ricoh’s optical and image processing technologies.

(Source: PrintWeek.com)
 

Tags : Toshiba Tec,Ricoh;