{"id":68437,"date":"2019-07-29T13:09:56","date_gmt":"2019-07-29T05:09:56","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/ricoh-planning-for-acquisitions-with-1-8-billion-war-chest.3dm"},"modified":"2019-07-29T13:09:56","modified_gmt":"2019-07-29T05:09:56","slug":"ricoh-planning-for-acquisitions-with-1-8-billion-war-chest","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/ricoh-planning-for-acquisitions-with-1-8-billion-war-chest\/","title":{"rendered":"Ricoh planning for acquisitions with $1.8 billion war chest"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">48<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">19<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">29<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Comments made by Ricoh Americas&#8217; president &amp; CEO, Joji Tokunaga have reconfirmed the Japanese multinational&#8217;s commitment to industrial 3D printing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In <\/span><span style=\"font-weight: 400;\">an article published by ZDnet<\/span><span style=\"font-weight: 400;\"> Tokunaga, together with senior VP of marketing, Glenn Laverty, and CEO of Ricoh Canada, discusses plans for a multi-year strategy that will see the 2D printing specialist move closer towards 3D printing.<\/span><\/p>\n<figure id=\"attachment_135545\" style=\"width: 600px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-135545\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-AM.jpg\" alt=\"The RICOH AM S5500P.\" width=\"600\" height=\"440\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-AM.jpg 600w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-AM-200x147.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-AM-500x367.jpg 500w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-caption-text\">The RICOH AM S5500P.<\/figcaption><\/figure>\n<p><b>From 2D to 3D printing<\/b><\/p>\n<p><span style=\"font-weight: 400;\">According to reports, the 2D printing sector is in decline. As publishing, advertising and administrative paperwork have increasingly become digitised those in the traditional printing sector have looked to diversify as part of a long term strategy. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">To a degree, an element of technology transfer from the 2D to 3D printing world is possible. Furthermore, the vast network of channel partners and experience in maintaining such a sales channel can also be applied to establishing a new product in the market, for example a 3D printer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the 2D sector, HP was an early mover in terms of seeing the potential for 3D printing. After several years of development, the first public announcement was October 2014, HP launched the Multi Jet Fusion at RAPID in 2016. Since then HP has announced the <\/span><span style=\"font-weight: 400;\">development of a color 3D printer<\/span><span style=\"font-weight: 400;\"> and plans for a <\/span><span style=\"font-weight: 400;\">metal additive manufacturing system<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">While 3D printing currently contributes only a very small percentage to HP\u2019s total revenue, the technology has significant potential for the future. In <\/span><span style=\"font-weight: 400;\">an interview with Multi Jet Fusion vice president and general manager Ramon Pastor<\/span><span style=\"font-weight: 400;\"> said 3D printing will, \u201ccompletely transform the $12 trillion global manufacturing industry, forever changing the way we conceive, design, produce, distribute nearly everything.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the Multi Jet Fusion system was developed internally by HP, this is not the only way to enter the additive manufacturing sector. In September 2016, <\/span><span style=\"font-weight: 400;\">GE launched a $1.4 billion takeover bid<\/span><span style=\"font-weight: 400;\"> for two leading European metal additive manufacturing companies. GE would eventually acquire Arcam and Concept Laser.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The purchase marked the start of watch a GE spokesperson at the time described as a \u201cten year journey\u201d with <\/span><span style=\"font-weight: 400;\">GE planning to use 3D printing to produce 15% of all components using 3D printing<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b> at Ricoh<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Ricoh does have a 3D printing system with the <\/span><span style=\"font-weight: 400;\">RICOH AM S5500P<\/span><span style=\"font-weight: 400;\">, unveiled at Formnext in 2015. <\/span><span style=\"font-weight: 400;\">Ricoh also has an agreement to sell 3D printers made by EnvisionTEC<\/span><span style=\"font-weight: 400;\">. In this way, Ricoh is not alone in exploring the 3D printing sector by acting as a reseller. Canon embarked on a similar strategy using a <\/span><span style=\"font-weight: 400;\">reselling agreement with 3D Systems<\/span><span style=\"font-weight: 400;\">. More recently Canon has started to sell<\/span><span style=\"font-weight: 400;\"> industrial 3D printing systems from INTAMSYS<\/span><span style=\"font-weight: 400;\">. Since 2015, <\/span><span style=\"font-weight: 400;\">Canon has also made suggestions about developing their own 3D printer<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<figure id=\"attachment_135544\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large wp-image-135544\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh.-1024x724.jpg\" alt=\"Applied Printing at Ricoh.\" width=\"1024\" height=\"724\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh.-1024x724.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh.-770x544.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh.-200x141.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh.-500x354.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Applied-Printing-at-Ricoh..jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Applied Printing at Ricoh.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">A February 2018 presentation by Ricoh Company Ltd. President and CEO Yoshinori Yamashita entitled Ricoh Group Growth Strategy details the cost saving activities currently underway, including a planned decrease in headcount. Additive manufacturing also features on several pages of the document. Ricoh includes additive manufacturing as a part of their strategy termed Applied Printing. Applied Printing also includes technologies such as bioprinting and printed electronics. As part of what Ricoh calls \u201cGrowth Strategy #1\u201d the company will expand their customer base by pursuing the possibilities of printing technologies, bringing 3D printing to the \u201cfrontlines.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the ZDnet interview, Ricoh Americas&#8217; president &amp; CEO, Joji Tokunaga confirms that 3D printing is slated for investment. &#8220;We have allocated $1.8 billion for M&amp;A and it&#8217;s not specific to additive,&#8221; said Tokunaga. &#8220;We are also looking more broadly than additive.&#8221;<\/span><\/p>\n<figure id=\"attachment_135547\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-large wp-image-135547\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution.-1024x724.jpg\" alt=\"Ricoh wants to Ignite a printing revolution.\" width=\"1024\" height=\"724\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution.-1024x724.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution.-770x544.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution.-200x141.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution.-500x354.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-wants-to-Ignite-a-printing-revolution..jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Ricoh wants to Ignite a printing revolution.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Ricoh, like any company, is unlikely to announce its takeover targets in advance of making such a move. However, with several listed 3D printing enterprises currently trading at prices near to their 12-month low the 2D giant may be tempted to spend some of that $1.8 billion sooner rather than later. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">For all the latest 3D printing news, subscribe to the<\/span><\/i> <i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">. Also, follow us on<\/span><\/i> <i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\">, and like us on<\/span><\/i> <i><span style=\"font-weight: 400;\">Facebook<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><i><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/i><i><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/i><i><span style=\"font-weight: 400;\">Make your next additive manufacturing career move or hire new talent. Search and post<\/span><\/i> <i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> on our free jobs service.<\/span><\/i><\/p>\n<p><em>Featured image shows the RICOH AM S5500P.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>48shares 19 29 0 Comments made by Ricoh Americas&#8217; president &amp; CEO, Joji Tokunaga have reconfirmed the Japanese multinational&#8217;s commitment to industrial 3D printing. In an article published by ZDnet Tokunaga, together with senior VP of marketing, Glenn Laverty, and CEO of Ricoh Canada, discusses plans for a multi-year strategy that will see the 2D [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182525,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2018\/07\/Ricoh-AM.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ricoh planning for acquisitions with $1.8 billion war chest - FacFox News<\/title>\n<meta name=\"description\" content=\"48shares19290Comments made by Ricoh Americas&#8217; 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