TOKYO—In a somewhat surprising deal, Canon has agreed to acquire 100 percent of the outstanding shares of Océ for euro 8.60 per share cash, or euro 730 million (US $1.1 billion), in a fully self-funded transaction. The price represents a 70 percent premium over Océ’s closing share price on Nov. 13.
Canon plans to buy Dutch copier and printer maker Océ for 730 million euros, challenging rivals Ricoh and Xerox in a hunt for growth during the sector downturn.
Noel Ward of Brimstone Hill Associates shot a variety of video reports on the show floor of the recent PRINT 09 exhibition and has been posting them on the RealWorld Print's Channel on YouTube.com. The following is a selection focusing on product developments and booth displays in the digital printing arena.
The Pennsylvania-based company has built a production platform for personalized communications using Océ digital printing, including the Océ CS665 Pro color system and the Océ VarioPrint 6160 duplex system.
Océ, an international leader in digital document management and delivery, announced today that Integrated Book Technology, Inc. has installed an Océ VarioPrint® 6250 digital duplex cutsheet printer, with Océ PRISMAproduction® software, a Challenge three-knife trimmer, CEM DocuConverter®, and GPSquared case binding system in the Books International distribution center in Dulles, Virginia.
Miranda Vogt, a seventh grader at Bak Middle School in West Palm Beach, recently became a published author as a participant in the fourth annual Océ Future Authors Project program.
Océ today announced it has added five finishing configurations to its Océ CS665 Pro digital color press with the new MultiPunch inline die-punching system.
Océ, an international leader in digital document management and delivery, today announced that Océ has certified Objectif Lune’s PrintShop Mail software for use with new Océ color and monochrome production cut-sheet solutions. The certification includes the Océ VarioPrint 4000 and Océ VarioPrint 6000 Ultra monochrome production lines, and the Océ CS655 and CS665 Pro systems for color cut-sheet production.
Putting greater emphasis on applications and business development tools has been a growing trend among trade show exhibitors.
PRINT 09 offered an array of wide-format printing systems and highlighted a number of industry trends that could present opportunities for commercial printers, including sustainability and high-volume POP production.
