TOKYO, October 1, 2019—Canon Inc. ("Canon"; Headquarters: Tokyo, Japan; Chairman and CEO: Fujio Mitarai) and Océ Holding B.V. ("Océ"; President and CEO: Minoru Asada; Headquarters: Venlo, the Netherlands) today announced the official corporate name (trade name) change of Canon Group company Océ to Canon Production Printing.
After joining the Canon Group in 2010, Océ continued to develop and manufacture its printing products under the Océ brand. By renaming Océ to Canon Production Printing and integrating the Océ products under the Canon brand, we will create brand unity across all areas of our printing business, improve synergies across our portfolio and establish a clear end-to-end, go-to-market approach. The change of the company name comes into effect as of January 1, 2020.
Since its establishment in 1877, Océ has introduced a number of unique copying and printing technologies. Through further integration with the Canon Group, Océ will continue to develop its core technologies and grow its market share as Canon Production Printing, in order to accelerate the growth of the Canon Group's commercial printing business worldwide.
Océ develops and manufactures high-tech printing products and workflow software for the commercial printing market. The product offering includes continuous-feed and cut-sheet printers for high-volume printing and publishing, and large-format printers for display graphics and CAE/GIS applications.
|1) Trade name||：||Océ|
|2) New trade name||：||Canon Production Printing|
|3) Representative||：||Minoru Asada (President and Chief Executive Officer)|
|4) Location||：||Venlo, Netherlands|
|5) Established||：||October, 1877|
|6) Scope of business||：||Production printing hardware and software|