2. Quotes

    1. “ We are delighted to welcome Oce', the ideal partner in every respect, into the Canon Group. Through the merger of Canon and Oce', we believe that we will be able to realize clear benefits, no only in the area of R&D, but also in terms of product mix and marketing and are confident that this winning combination will contribute greatly to our goal of becoming the overall No. 1 presence in the printing industry. ”
      By COO Tsuneji Uchida

  3. Topics Mentioned


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  5. Categories

      MPSConnect: Africa, Asia, Australia, Blogs, Careers, Cloud/Mobile Printing, eNews, Europe, Finance, Latin America, New Products, Outsourcing, Resellers, Workflow
      Special Interests: Consumables, Go Green and Save, Print Security

  1. Tidbits on the Copier/Printer/Software Industries for the Week of 11/23/09

    This Ain't Your Fathers Office (Nov 23 2009) Blogs , Consumables

    1. Canon is making a bid to acquire all of Oce’. Details:- Purchase price is roughly $1.1 billion, a 70% premium of Oce’s current stock price- Cash consideration of offer is 730 million euros, while Oce’s total debt was 704 million euros- Oce’ would remain a wholly owned division of Canon, running separate for now- Oce’ management would stay in place for time being- Oce’s three divisions will be Commercial Printing Systems, Wide Format Printing Systems and Business Services- Steering committee will be formed to lead integration of two companies over next 3 years- Oce’s management ... (Read Full Article)

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