Japan- May 20, 2015 -OKI Data Corporation, an OKI Group company specializing in the printer business, today announced that OKI Data Corporation and Seiko Instruments Inc. ("SII" hereinafter) exchanged a memorandum to transfer the wide format printer business of Seiko I Infotech Inc. ("SIIT" hereinafter), a subsidiary of SII, to OKI Data Corporation. Both companies will pursue negotiations based on the memorandum with a view to completing the business transfer by October 1, 2015, by executing a definitive agreement.
OKI, in its Mid-term Business Plan 2016 announced on November 12, 2013, positions the high-value-added printer business domain it entered, as a major growth area. OKI Data Corporation earns a strong reputation for introducing highly reliable printers based on exclusive LED technologies with a high-resolution, compact design and the capability of printing on special-purpose media for professional markets including the print industry and the design industry.
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OKI, in its Mid-term Business Plan 2016 announced on November 12, 2013, positions the high-value-added printer business domain it entered, as a major growth area. OKI Data Corporation earns a strong reputation for introducing highly reliable printers based on exclusive LED technologies with a high-resolution, compact design and the capability of printing on special-purpose media for professional markets including the print industry and the design industry.
Tags:
Oki
More...