Canon and Océ today announced that they have reached conditional agreement to combine their printing activities through a fully self-funded, public cash offer by Canon for all the Shares of Océ.
Canon and Océ aim to create the overall No. 1 presence in the printing industry;
Combination to capitalize on excellent complementary fit in product range, channel mix, R&D, and business lines resulting in an outstanding client offer;
Strong strategic rationale for Canon and Océ – growing and building on proven track record in innovation and client servicing;
Canon intends to make an offer of € 8.60 per Share (cum dividend) for 100% of the outstanding Shares of Océ, representing a premium of 70% over Océ’s closing share price of Friday 13 November 2009 and 137% to the average share price over the last 12 months;
The Management and Supervisory Boards of Océ fully and unanimously support and will recommend the intended Offer;
Holders of the depository receipts for Océ’s cumulative preference shares, Ducatus, ASR and ING (approximately 19% of the total share capital), agreed to sell their interests to Canon; large shareholder Bestinver Gestion S.A. (approximately 9.5% of outstanding Shares) has provided an irrevocable undertaking to tender;
Océ remains separate legal entity as a Canon division, headquartered in Venlo (the Netherlands); Océ brand is to be maintained and applied in all relevant markets. Océ to lead its R&D and manufacturing. Management Board and key management remain in place;
Employees part of industry leader – existing labor agreements will be respected, no redundancies as a result of the Offer.
Andy Tribute recently attended the the IMI European Ink Jet Printing conference in Barcelona.
The IMI European Ink Jet Printing conference has for many years been the place to come to find out the most recent developments in new print head designs and support systems from the different suppliers. This would often indicate the likely trends of the market as integrators and printer manufacturers incorporated these new heads into their latest products. This year however was slightly different with hardly any new print head designs being announced. Instead once could say that this years conference showed a maturing of the markets as finally areas of the market that had been discussed for years as having potential for inkjet printing saw new products and approaches becoming available.
During the conference IT Strategies provided a look at the market adoption of new ink jet press technology:
The conference started with update given by IT Strategies on what was happening in the market for inkjet production presses. This was of great interest considering the amount of interest in this area at drupa last year. This update showed that this market has yet really to take off. According to IT strategies there were only around 80 sites around the world with installation of these presses predicted to be 325 engines (or between 160 – 180 systems with a system being two linked engines). In 2009 sales have been less than 2008 as the early low hanging fruit of leading monochrome installed base customers switching to colour have completed their purchases. It appears that the majority of installations are for either transactional applications or direct mail. It also appears that few installations are pushing the presses to anywhere near their production capacities. It also showed there are few installations carrying out publishing type applications.
“myPANTONE marries the power of the iPhone with the inspiration of PANTONE Color Palettes, enabling designers to be creative whenever inspiration strikes them. Providing a digital, portable design studio and essential color tools at their fingertips, myPANTONE gives designers the freedom to access PANTONE Colors anywhere, without the need to be in their office or carry around cumbersome guides, Now with myPANTONE’s Portable Color Memory™ in their pocket, designers no longer need to agonize trying to recall an exact color.” Continue reading →
Frank Romano reports from a PIP Printing & Marketing Services event in Manchester, Connecticut. The event revolves around digital printing and variable data and Frank shows us some classic examples of some campaigns over the years.
What are some of our favorite variable print examples from the past?
Print in the Mix is featuring a PODi case study on Henry Schein Practice Solutions, a provider of practice management software for dental practices, uses data-driven print to help dentist using their software reach their clients through automated direct mail reminders.
Nearly all dental practices send appointment reminder postcards to their patients to help reduce missed appointments. A missed appointment can mean an instant loss of $250 dollars in revenue to the dental practice. Practices that manually send out appointment reminders find the process tedious and labor intensive, requiring hours each day in some cases.
This week’s Print Tips at Margie Dana’s Boston Print Buyers lists “major reasons” media buyers are choosing digital print when they do decide to use print. There should be no surprises as you read the list. In the comments there is a case study from Blue Cross Blue Shield of Massachusetts on their switch to Print on-Demand: Continue reading →
Elizabeth Gooding shared a link on the Transpromo Professional Network at LinkedIn on a new service from UPS called UPS Direct to Door. The service is being piloted in 5 US markets: Chicago, Dallas-Ft. Worth, Miami, Phoenix and Washington, D.C. The service will have UPS delivering small boxes filled with about 12 premium offers and samples to targeted consumers that are already receiving a package from UPS at the time of delivery.
Google has published a video for those unfamiliar with on-demand book production.
The Wired.com article on the partnership included a quote from Dane Neller, On Demand Books CEO about adding Web-to-print functionality to Google Books, “Neller said he’d love to see the day when Google Book Searchers can press a button next to a search result and find the closest local printer, but Google says that’s a long way off.”
I’m not surprised Google isn’t planning on providing local printing just yet, but where is the option to have a book printed and shipped? Lighting Source does this for thousands of titles on Amazon.com everyday. The IT practices are place and the print factories are built. What’s taking so long? Is Google waiting for the dust to settle around its settlement with publishers before it provides access to printed copies of books?
The U.S. Government Printing Office announced a Request for Information today as it looks to replace out of date printing equipment with modern digital systems that are designed to handle the shorter runs the agency is producing as well support sustainability initiatives.
According to the GPO:
Traditional web presses have fulfilled Congressional and Federal Agency needs for the past four decades but they have become less efficient as print volumes have grown shorter. GPO web presses are designed for press runs of minimum 20,000 copies in order to reach desired efficiency. Since the mid 1980s, GPO has witnessed a decrease in publication quantities where currently not a single core GPO product averages more than 8,000 copies. This decrease in quantity has led to an increase in the production paper waste percentage as make ready quantities can be nearly as high as the required delivery amounts.
“GPO would like to save the American taxpayer money and help the environment at the same time. We can achieve this by replacing our antiquated equipment with technology that meets the printing needs of the 21st century,” said Public Printer Bob Tapella. “I look forward to hearing from printing manufacturers and suppliers on the types of technology that will help our plant achieve these goals.”