Canon is buying Dutch printer vendor Oce for €730m [US$1.1 billion], in a move that could herald further consolidation in the imaging market.
The Japanese giant will launch a tender offer for the Dutch firm's shares, in a deal which is being seen as broadening Canon's footprint in the higher end production printing market, and targeting fellow Japanese vendor Ricoh.Reason: market conditions are getting tough for large-format printers.
Source.
I like Oce for the most part, but there are a few things that I hope Canon improves.
We'll see I guess...
Posted by: anonymous | Nov 18, 2009 at 04:39 PM
As a Canon channel partner, We are very excited to see this partnership happen!
Posted by: Anonymous | Dec 24, 2009 at 07:20 AM