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Canon India has decided to merge the Indian operation of Océ, a Netherland-based company, in which it acquired a 90 percent stake in 2009. Océ is a provider of production and wide-format printing solutions and services.


With the merger, Canon India expects to generate Rs 100 crore revenue from this segment in 2011. The company has also formed two new business divisions to focus on this segment and appointed separate heads—Puneet Datta to manage Océ Production and Printing division; and Rajeev Tewari to lead the Wide-format Imaging division. It has also put in place a dedicated team of 50 sales and service personnel to drive this business.

Commenting on the alliance, Alok Bharadwaj, Senior Vice President, Canon India, said, “The size of the digital printing industry in India is Rs 1,000 crore. Presently there are around one lakh offset printers and 1,000 print shop providers. The digital printing industry in India is expected to grow at 25 percent year on year. Océ, being a world leader in various printing segments including the production printing domain, will supplement Canon’s processes and infrastructure. This will effectively enhance our ability to unlock considerable market potential and to become a key growth driver in the digital printing market.”

Canon launched its production printing business in late 2007 which contributed Rs 30 crore in 2010. “Currently Canon has 19 products in its professional printing portfolio and together with Océ the portfolio will increase to 70 products. The alliance will offer customers the largest portfolio in the professional printing space,” added Bharadwaj.

The merger is part of Canon’s broader vision to achieve $1 billion in revenue from India by 2015. In 2010, Canon India recorded revenues of Rs 1,260 crore growing at more than 50 percent over 2009.
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I am one of those.

I'd be shocked if Canon continues the Océ name in the US. I have represented Océ products for over 17 years and while I can say without a doubt they are some of the best machines made, I've never had a customer choose the "Océ" name over others.

To clarify, they choose the Océ PRODUCT, but not the name. I imagine most dedicated Océ customers would be thrilled to buy the product from a Canon direct outlet.

Reasons people don't like Océ: They can't spell it and they can't say it.

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