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Monday, November 30, 2009

Canon/Océ Seem Upbeat About Their Deal

While the nuts and bolts of the transaction will take months to comprehend fully—for us, as well as for them! - as a group, the Océ team seems to be embracing the deal and thinking of the merger in terms of their complementary product lines.

Specifically, they told us that Canon loves their wide format BW and color product portfolio, and their sales reach, while Océ loves Canon's WF color products.

Earlier in the week, the Canon team sent us a letter officially notifying us of their plans to acquire Océ.

Canon’s EVP and General Manager of the Imaging Systems Group wrote, “We see this acquisition as a great opportunity to expand our offerings and better serve the end-users who are your customers… Through this transaction, Canon is looking to bring together our strong offerings in office MFPs with Océ’s outstanding production printing lineup, as well as match our strong LFPs for graphics with Océ’s strong printers for sign display. We believe the two companies are a good fit as both Canon and Océ have technology-driven business models and have corporate cultures that stress the importance of R&D.”

The proof is in the pudding, but it looks like mutual respect and enthusiasm are there for the moment.

1 comment:

Davis Business Machines, Inc. said...

As a Canon channel partner, We are very excited to see this partnership happen!