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Office machines: Fuji to buy Fujitsu unit
STAFF WRITER, WITH AGENCIES
Thursday, Aug 08, 2002, Page 12
Fuji Xerox Co, a subsidiary of Fuji Photo Film Co, will buy the printer-system operation of Fujitsu Ltd, which is selling businesses and closing plants to recover from last year's record loss. Fujitsu, Japan's biggest business-computer maker, and Fuji Xerox will sign a contract finalizing the sale in November, the two companies said in a news release distributed by the Tokyo Stock Exchange. Financial terms were not disclosed.
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