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Tag - Redmatica
(Updated with company, deal info) Apple has bought out an Italian company, Redmatica, reports say. The news was broken a local blog, which also obtained a document supporting the claim from the country's communications regulator, AGCOM. Neither Apple nor Redmatica have confirmed the deal, although Apple rarely makes any announcements about the acquisitions of smaller firms.
Now AAPL Stock: 93.62 ( -0.08 )
Lexmark prevails in toner import appeal
Printer manufacturer Lexmark has won an appeal on the third-party US resale of its printer cartridges originally destined for markets outside North America. The appeals court ruled in a 10-2 vote in favor of Lexmark's demand to stop the sale and against Impression Products, both on the toner cartridge resale matter, as well as a related matter regarding overturning the reseller's refilling one-use cartridges and selling those in the US market. The ruling has ramifications in the tech industry, as well as the pharmaceutical and medical technology markets. Impression Products promises an appeal before the supreme court. http://reut.rs/1SLVmmG