March 26, 2013
Canon states that Oce China has become a wholly owned subsidiary of the OEM, merging to form a new business unit – Professional Printing Product Group – which the companies hope will become the number one presence in the Chinese printing industry.
As part of the integration, Canon also launched a range of new products; with Hideki Ozawa, President and CEO of Canon China claiming that the merging of Canon and Oce China “is the best example of two multinationals bringing their strengths together”, namely the leadership position of Oce in production printing and the strong brand of Canon.
The merger was announced jointly by Canon and Oce in November 2009 and the companies have since been making preparations for the organisational integration, which sees Oce’s existing sales and service organisations completely merge into the Professional Printing Product Group. The new business unit is expected to triple Canon’s share in China’s professional printing market, with Canon’s business laser printers already doing well in China.
Categories : Products and Technology