Canon India, the country’s foremost technology provider in the printing domain, and Océ, an international leader in digital document management and delivery, have  announced that they will join forces in India. Canon and Océ will aim to become the No. 1 in the professional & graphics printing industry.

 Océ is headquartered in the Netherlands. Canon will sell, distribute and service Océ products in the areas of production printing, wide format printing, signage printing and business services. Following this announcement, Canon India will position itself as the undisputed leader in professional and Display Graphics printing domain.

 Canon currently holds an approximately 90% stake in Océ. Canon India expects joining forces with Océ will generate Rs 100 crore revenue in this domain in 2011.

“Canon has grown exponentially in the year 2010,” said Kensaku Konishi, President & CEO, Canon India. “This move enhances our strategy and positions us to become technology leaders, offering greater value products and services to customers and partners of both our companies.”

Commenting on joining forces, Alok Bharadwaj, Senior Vice President Canon India, said, “Océ, being a world leader in various printing segments including the production printing domain, will supplement Canon’s best in class processes and infrastructure. This will effectively enhance our ability to unlock the market’s considerable potential and to become the key growth driver in the digital printing market.”