Fujitsu to sell scanner business to Ricoh for $625m

Japanese company to divest 80% of unit to focus on software development

Fujitsu is selling 80% of its imaging business to Ricoh to focus on software development in response to strong demand for digitization of business processes. (Source photo by Reuters and Kaisuke Ota)

Nikkei staff writers

April 25, 2022 18:02 JST

TOKYO -- Japanese IT services company Fujitsu is selling its scanner business to office equipment maker Ricoh for about 80 billion yen ($625 million) as it shifts its focus to software development, Nikkei has learned.