Canon Takes Over Océ Operations in PhilippinesWednesday, March 28, 2012
March 23, 2012. Shangri-la Makati. Philippines. Announces two Business Divisions in the Digital Production & Wide Format printing space that aims market leadership with largest product portfolio of 70 products.
Canon Marketing Philippines, the country’s foremost technology provider in the printing domain, and Océ, an international leader in digital document management and delivery, today announced that they will join forces in the Philippines. Canon and Océ aim to become the No. 1 presence in the Production & Display Graphics industry. Canon will sell, distribute and service Océ products in the areas of production printing, wide format printing, signage printing and business services. Following this announcement, Canon Marketing Philippines will position itself as the undisputed leader in the Production and Display Graphics printing domain.
According to Mr. Alan Chng, President & CEO, Canon Marketing Philippines. “This move enhances our strategy and positions us to become the technology leader, offering greater value products and services to customers and partners of both our companies. With this move, we will change the dynamics of competition in the industry and that will also benefit customers in terms of cost and propositions.”
|from l-r: Mr. Alan Chng, Mr. Michael Sak and Mr. Jojo Bolima|
Going forward, Canon Marketing Philippines will be handling the Océ business portfolio and will be the single interface across a range of products targeting multiple segments including transaction printing, bill printing, signage printing, photo printing, CAD and GIS printing. The alliance will offer customers the largest portfolio in the professional printing space.
Commenting on joining forces, Mr. Jojo Bolima, Director, Canon Marketing Philippines, said, “the Philippines is a major printing market and continues to grow year on year. Océ, being a world leader in various printing segments including the production printing domain, will supplement Canon’s best in class processes and infrastructure. This will effectively enhance our ability to unlock the market’s considerable potential and to become the key growth driver in the digital printing market.”
Mr. Michael Sak, Managing Director Océ Singapore, added, “I am looking forward to expansion in Océ’s business now as Océ has joined forces with Canon. There is a great fit between our companies. We share similar values and a strong commitment to technology and innovation. This is the most compelling combination in the consolidating global printing industry and will deliver scale in R&D, manufacturing and distribution. The Philippines is a very important market for us. We are extremely proud to enter the Philippines through our association with Canon Marketing Philippines. Our partnership and the combination of the Canon and Océ operations will transform our ability to unlock the Philippine market’s considerable potential and enable us to become a significant player in the arena of professional and commercial printing in this market.”
Canon Inc. (TSE: 7751, NYSE: CAJ), headquartered in Tokyo, Japan, is a leader in the fields of professional and consumer imaging equipment and information systems. Canon’s extensive range of products includes copying machines, inkjet and laser printers, cameras, video equipment, medical equipment and semiconductor-manufacturing equipment. Originally established in 1937 as Precision Optical Industry, Co., Ltd., a camera manufacturer, Canon has successfully diversified and globalized to become a worldwide industry leader in professional and consumer imaging systems and solutions. With over 198,000 employees worldwide, Canon has manufacturing and marketing subsidiaries in Japan, the Americas, Europe, Asia and Oceania; and a global R&D network with companies based in the United States, Europe, Asia and Australia. Canon’s consolidated net sales for fiscal 2011 (ended December 31, 2011) totalled $45.6 billion (at an exchange rate of ¥78=US$1). Visit the Canon Inc. website at: www.canon.com. For information about Canon in the Philippines, visit http://www.canon.com.ph
Océ is one of the world's leading providers of document management and printing for professionals. The broad Océ offering includes high speed digital production printers and wide format printing systems for both technical documentation and color display graphics, as well as office printing and copying systems. Océ is also a foremost supplier of document management outsourcing. Many of the Fortune Global 500 companies and leading commercial printers are Océ customers. The company was founded in 1877. With headquarters in Venlo, The Netherlands, Océ is active in over 100 countries and employs some 22,000 people worldwide. For more information on Océ, visit the corporate website www.oce.com.