What though are the consequences of the takeover for Consumers? What ought Printerinks.com customers be aware of, following the deal’s closure? Find listed below the biggest implications of Canon’s takeover of Océ:
- The two companies will spend 3 years integrating their infrastructures. Canon will transfer their research and development to Océ’s Amsterdam headquarters in this period. The Océ board of shareholders will remain independent, though ultimately reporting to Canon.
- Production of Océ branded printers will be halted. For years, Océ haven’t manufactured their office imaging equipment, instead rebranding technology sold by Konica Minolta. Following Canon’s takeover this will stop, and Océ products will disappear. Canon printers may become more visible.
- Canon will introduce before-sales and after-sales services into their portfolio. Océ’s existing document management software is industry leading. They have especial expertise in mailroom automation. Using this, Canon can turn themselves from a printer manufacturer into a managed print services provider. This mostly affects businesses.
- The takeover creates a global print provider comparable to Hewlett Packard or Xerox. Canon and Océ aim to become the No. 1 printer maker globally. Their combination gives them good market penetration in these important sectors: Europe, Asia and North America. They can hence compete on a scale comparable to HP and Xerox.