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Written by Bob Snyder
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Monday, 30 November 2009 |
Canon ($44.99 billion in 2008 revenue) will to buy the €2.9 billion Océ (Dutch printer and copier machine producer) for €730 million in cash.
Océ remains a separate legal entity in Venlo as a Canon division. The Océ brand is to be maintained and applied in all relevant markets. Océ to lead its R&D and manufacturing. Its Management Board and key management remains in place. 
But the combined companies hope their synergy will soon make them the Number 1 printer company in world, says the Océ CEO, Rokus van Iperen (photo shown). |
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Lenovo Buys Back Phone Unit |
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Written by Bob Snyder
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Monday, 30 November 2009 |
 Lenovo buys back the mobile phone unit, the same unit it spun off only last year...now probably "THINKing" its decision to focus on its core business in PCs might have been hasty.
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Read more...
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