InfoPrint becomes subsidiary of Ricoh

BOULDER – InfoPrint Solutions Co. in Boulder has become a wholly owned subsidiary of Ricoh Company Ltd. as a three-year joint venture between IBM – InfoPrint’s parent – and Ricoh comes to an end.

InfoPrint Solutions provides digital printing solutions. It was built on IBM’s 50 years of printing experience.

InfoPrint Solutions was formed June 1, 2007 as a joint venture between IBM’s Printing Systems Division and Ricoh. Over the past three years, ownership has increasingly transferred from IBM to Ricoh. This transition period concludes on June 30.

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“When we embarked on the joint venture in June of 2007 we looked with great anticipation toward this day. And just as we started a new journey three years ago, we are starting another today,´ said Daisuke Segawa, president and chief executive of InfoPrint Solutions. “We bring key differentiators to the industry illustrated by our solutions-centric philosophy, and we are looking forward to continuing to enable our customers’ ongoing success through our expanded reach as a part of Ricoh.”