Canon and HP will also benefit from access to each other's management and third-party development software, including Canon imageWARE Enterprise Management Console and Canon MEAP as well as HP Web Jetadmin and the HP Open Extensibility Platform.
The almost certain takeover of OCE by Canon, worth a staggering 730 ($1.09 Billion US) Million Euros, will increase Canon's market share by including OCE's expertise in wide format. As a combined force, HP and Canon (including OCE's customer base) will be set to top the world of photocopiers, multifunctional devices and copiers with an extensive and comprehensive portfolio.
Canon have been at the top of the photocopier industry since Xerox lost the xerography patent and the recent collaboration with Hewlett Packard and the almost certain Canon takeover of OCE will provide Canon with a huge boost. Canon is set to gain market share across the photocopier industry with solutions in the consumer, business, graphics arts and light production printing solutions sectors.
The industry has been changing as a result of several different pressures over the last decade, with customer demand increasing in respect of ease of use and quality. Whilst the environmental impacts from a photocopier are constantly being reviewed, with the recent introduction of bio-plastics and constant efforts to improve toners. Plus the economical impacts of a world-wide recession certainly don't help when trying to sell latest innovation technology like a copier.
Canon's new partnership portfolio and the use of its own innovative technologies make the future look very exciting indeed. Canon recently released the latest in a series of photocopiers designed for the office, the Canon imageRUNNER advance. This new range provides the slickest results yet from an office copier. With an organic design and use of new materials these new copiers are state of the art document centres, capable of scanning, faxing, printing copying and connecting with many other systems.
Hewlett Packard have also been a leader in the print solution market, inventing one of the first network printer devices with the HP JetDirect printer server, allowing local printers to be shared as network printers centralising print. Hewlett Packard has a strong portfolio of office multifunctional devices ranging from desktop laser printers to free-standing office devices. The collaboration between HP and Canon is sure to raise the bar in the copier industry with both Canon and HP benefiting from such an arrangement.
Canon made the bid for OCE on the 16th November 2009. With the bid still being considered and 80% of shareholders needing to vote "yes" for the bid to be accepted, we are yet to see if OCE will become part of Canon or not.