Comments on FedEx Aquisition of Kinko's
The air and ground transport service is acquiring business services company Kinko's in a $2.4 billion cash deal. Kinko's will provide a leg up in electronic document delivery, FedEx says. [CNet News.com]
Hmmm... this is very interesting to me personally. CNet has chosen to put a more technical spin on it and so they're relating it to e-document printing and delivery. The thing about that is my company, Mimeo, is much better positioned in e-document printing and delivery than Kinkos is. I've written about the Mimeo process before, so I don't think I need to go into it again, but if FedEx had truly wanted a quality e-printing solution, they would have purchased us... and for a hell of a lot less than $2.4 billion. ;) It's more likely that the importance of this aquisition is the Kinko's store front presence as reported by this article. FedEx needs to compete with the UPS Store and this is how they're going to get into doing that.
In any case, I wish them luck. We're getting ready to unleash some seriously cool stuff next year that's going to take the game to a whole new level. Competition is what it's all about... let's see if they can keep up!