InfoPrint Solutions Company today announced that it has become a wholly owned subsidiary of Ricoh Company, Ltd., bringing the three-year joint venture between IBM and Ricoh to its planned completion. InfoPrint Solutions helps enterprises and print-for-pay customers increase revenue and reduce costs within highly complex, digital print environments.

"We are extremely excited for InfoPrint Solutions to fully join Ricoh as we continue to expand our ability to fulfill requirements for customers who manage mid-to-high volume output," said Shiro Kondo, President and Chief Executive Officer of Ricoh. "With a complete line of industry-leading, analyst-endorsed solutions consisting of printers, professional services and software, InfoPrint Solutions fits perfectly into our family. Built on a rich IT heritage, InfoPrint will enable the Ricoh family to offer even more broad-reaching service, support and technically superior solutions for our customers."