OKI Data acquires subsidiary company of Seiko
Instruments.
Instruments.
OKI Data Corporation, an OKI Group company
specializing in the printer business, has completed the acquisition of the
globally-deployed wide format printer business of Seiko I Infotech Inc.
(“SIIT” hereinafter), a subsidiary of Seiko Instruments Inc.
(“SII” hereinafter), from SII.
specializing in the printer business, has completed the acquisition of the
globally-deployed wide format printer business of Seiko I Infotech Inc.
(“SIIT” hereinafter), a subsidiary of Seiko Instruments Inc.
(“SII” hereinafter), from SII.
OKI Data Corporation established OKI Data Infotech Corporation (“OKI Data
Infotech” hereinafter) by acquiring all SIIT shares held by SII. The new
company began operating as a member of the OKI Group on October 1, 2015. On the
same day, OKI Data Corporation’s overseas subsidiaries in Europe and the US
completed the acquisition of the wide format printer business and assets from
SII’s European and US group companies. OKI Data Infotech will assume
responsibility for all services and products in the wide format printer
business currently provided by SII’s European and US group companies.
OKI Data Corporation positions the high-value-added
printer business as its major growth area with the professional printer market
being an important sector.
printer business as its major growth area with the professional printer market
being an important sector.
0
0
1
254
1448
Proactive Management
12
3
1699
14.0
Normal
0
false
false
false
EN-US
JA
X-NONE
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:”Table Normal”;
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-parent:””;
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:Cambria;
mso-ascii-font-family:Cambria;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Cambria;
mso-hansi-theme-font:minor-latin;
mso-fareast-language:JA;}
“We are pleased to have completed the
acquisition of the wide format printer business from SII,” said Takao
Hiramoto, President of OKI Data Corporation. “Through this acquisition, we
have not only acquired a portfolio of wide format inkjet printers for signs and
LED graphic plotters, but also the corresponding technologies, development
resources, and sales channels. By offering one-stop printing solutions
targeting the printing, distribution, and retail industry sectors, we will
strengthen our printer business in the professional printer market.”
acquisition of the wide format printer business from SII,” said Takao
Hiramoto, President of OKI Data Corporation. “Through this acquisition, we
have not only acquired a portfolio of wide format inkjet printers for signs and
LED graphic plotters, but also the corresponding technologies, development
resources, and sales channels. By offering one-stop printing solutions
targeting the printing, distribution, and retail industry sectors, we will
strengthen our printer business in the professional printer market.”
Reprographics 101 
Leave a comment