Joe Adachi, president and CEO of Canon USA, will serve as chairman and CEO of Canon Solutions America, when the integration becomes official on 1 January. The move is not terribly surprising and follows Canon’s March 2010 acquisition of the Dutch press manufacturer.
"I am very pleased that the integration of the Canon and Océ businesses is nearly complete," Adachi said in a press release. "We have worked very hard these past three years to make sure our goal of creating the overall leading presence in the imaging industry will be realized.
Canon Solutions America and the other companies formed by the integration will be better positioned to meet the growing demands of customers locally, regionally and nationally by capitalizing on the strengths of each company and maintaining the superior service levels that customers require."
The headquarters for the new subsidiary will be in suburban New York City, although Canon Solutions America will have offices across the US, including the current Océ wide format printing systems and production printing systems facilities in Chicago, Ill. and Boca Raton, Fla.
Canon USA also announced that Océ Business Services, Inc., a provider of digital document management technology, outsourcing and business process consulting services, will change its name to Canon Business Process Services.
Last year, Océ Business Services in the US rolled out Océ PrintExpress to provide professional print and finishing service along with next-day or on-demand delivery across the country and Canon officials suggested that enterprise will be unaffected.
"On the business services side, where Océ Business Services is changing its name to Canon Business Process Services there is absolutely no change, and it will fall under Canon U.S.A," Canon USA spokesman Michael Maloney told PrintWeek.
Additionally, Océ Financial Services, Inc. will merge into Canon Financial Services, further expanding Canon's ability to support the leasing and financing needs of customers.
Maloney also stressed that the integration will result in few job losses, explaining, "The total amount of personnel affected is less than might be expected. Canon does align our resources with market and customer needs and make adjustments if necessary. We don’t at this time anticipate any job losses beyond what has already been disclosed."
Maloney added that some Océ branding will continue to be used in connection with a number of technologies and the combined product portfolio, especially in the production printing and large format areas, where the Océ brand is well-recognized.
"So the company name goes away but the product brands will remain," he said. "This marks a milestone for both companies and together we think we’ll be a more powerful force within the industry."
