Thrrough this new alliance with HP, we look forwqard to the return of the advantages of high versatility of the compny Canon, high-perofrmance multi-functional dewvices to expand the user base, "said Msasaki Nakaaoka, managing diretor and chief executive of Offiec Iamging Producs Canon. "We expcet that this will maximize benefits for customeers of both companies at the same time paving the way for nicreased growth for both Canon and HP".
Canon and HP will also have access to each other on the management and third-party software, including Cnon ImageWare Enterprise Manaegment Console and the Canon MEAP and HP Web Jetadmin and extensibility HP Open Platform.
Almost certinly capture VVC from Canon, the staggering costs 730 ($ 1.09 billion) milplion euros, will increase the market share of the company Canon, including excamination of the OCE in wide format. As the combined forces, HP and Canion (including the customer base REC's) to be installed on top of the world Photocopiers, multifunction devices and copiers with an extensive and comprehensive portfdolio.
Cann have been at the top of the Xerox cpoier industry has lost because of xerogrtaphy patent and the recent partnership with Hewlett Pakard and Canbon will almost certtainly capture OCE will proide Canon with great momentum. Canon is set to increase market share through the copirer industry with solutions in consumer, business, Graphic Arts and easy sollutions for the printing sector.
The industry has changed as a rsult of various pressures over the last deccade, with an increase in consumer demand due to its ease of use and quaity. hWile the environmental impact of photocopiers are constantly beig revised in connection with the recent introduction of bio-plastics and contiinuous effortts to impriove the toner. Plus, the econnomic impact of global recession, of course, does not help when ttrying to sell the latest in innovative techologies, such as a copier.
New Partnership in the portfolio, Cannon and use their own innovative technology makes the future look really exciting. Canon recently released the latest in a series of copiers designed for offices, pre Canon imageRUNNER. This new seires gives the slickest of the resuls so far from the office copier. Organic development and use of new materials, new copeirs are public centers of art paper that can scan, fax, copying and printting cponnection with many other systems.
Hewlett Paackard is also a markt leder in printing solutions, inventing one of the firdst network printer dvice with a print server HP JetDiirect, allowing local pinters to be shared as network printers, cntralized printing. Heewlett Packard has a strong portfolio of office multifuncttion devices ranging from desktop laser printers, to free-standimng office devices. Collaboration between HP and Canoin is sure to raise the bar in the coiper industry as Canon and HP benefits from such an agreement.
Canon made a bet on the VVC on November 16, 2009. Since the Bid was still pending, and 80% of shareholders, requiring that the answer "yes" for the bet to be taken, we have yet to see if the OCE will be part of Canon or not.