Canon Announces Plans to Acquire Océ for $1.1 Billion

Océ CEO Rokus van Iperen agrees, adding, "The combined organization provides us with access to a huge sales network in Asia, as well as mutual cross-selling opportunities in Europe and the United States."

In addition to document management and wide-format printing, the combined companies expect to excel in the small office/home office sectors. They predict improved customer service through enhanced scale, innovative technologies and strong distribution networks.