WeP Solutions Limited ('Wepsol'), a BSE-listed company, and FUJIFILM India Private Limited ('FUJIFILM') have entered into a Strategic Partnership Agreement. Under this agreement, Wepsol shall provide system integration services, sell and service FUJIFILM's advanced product portfolio under Office solutions to address the digital printing market in India.
Wepsol has led the way for over two decades with technology solutions that energize, digitalize, and transform the workplace. Its digital workplace suite, fluidWorks empowers enterprises with a connected agile environment where collaboration is supercharged, employee experience is elevated, and productivity soars. Wepsol's fluidPrint is an elastic, secure and cost-slaying Managed Print Service (MPS) which will be powered by FUJIFILM range of digital print solutions for discerning clients.
FUJIFILM is a leading provider of printing technology worldwide and has the No1 market share in A3 products in all major markets of Asia Pacific. FUJIFILM has a vast portfolio of technologically advanced products and is involved in other business segments - Healthcare, Materials, Imaging and Business Innovation.
Commenting on this development, Mr. Ashok Tripathy, Managing Director & CEO, Wepsol said, "In this global connected world, we are driven by our vision of transforming workplaces to elevate employee experiences and outcomes. FUJIFILM's advanced digital printing technology empowered with our fluidWorks services portfolio, is an indomitable solution for enterprises in India."
Commenting on this development, Mr. Koji Wada, Managing Director, FUJIFILM India Private Limited stated, "We are excited with the strategic partnership with a leading national player like Wepsol to ensure customers in India are enabled with latest and innovative technology of FUJIFILM. FUJIFILM is committed to the Indian market, and working closely with a distinguished Indian partner is yet another step in that direction."
Through this partnership, both FUJIFILM and Wepsol intend to leverage the strengths of each other and meet the demands of enterprise customers in the Indian market. Enterprises looking for scalable and secure digital printing solutions with nationwide services coverage, shall now have access to sophisticated technology and reliable services to accelerate their growth.
Shares of WEP SOLUTIONS LTD. was last trading in BSE at Rs. 24.95 as compared to the previous close of Rs. 25.43. The total number of shares traded during the day was 31057 in over 118 trades.
The stock hit an intraday high of Rs. 26.15 and intraday low of 24.16. The net turnover during the day was Rs. 775906.00.