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Canon Europe acquires solutions provider NT-Ware
Ilse Jurriën : September 25th 2006 - 23:40 CET
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Canon Europe acquires German solutions provider NT-Ware : Canon Europe, world-leader in imaging technology solutions, has bolstered its offering in the business solutions arena by acquiring a 35% stake in German solutions provider NT-Ware. NT-Ware delivers workflow and business process improvement solutions to the printing, manufacturing and retail industries across the EMEA region. Canon’s collaboration with NT-Ware will add significant value to the Canon Business Solutions (CBS) product proposition, by providing exclusive access to NT-Ware’s innovative technology and, by doing so, will create clear competitive advantage.
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uniFLOW Output Manager solution
NT-Ware has been a business partner of Canon since 1999 and its highly flexible and scalable uniFLOW Output Manager solution is already being sold by Canon throughout the EMEA region. uniFLOW Output Manager enables businesses to manage and control print output and document accountability more effectively and its modular nature enables the creation of tailored solutions for multiple applications - including accounting, workflow management, printing security and professional printing - for customers of any size; from SMEs to large Corporates.
Canon Europe partners NT-Ware
The deal, which will realise a 70% share holding for Canon over a 2 year period, is further demonstration of Canon Europe’s strategy to provide customers with innovative print and document management solutions. Hajime Tsuruoka, President and CEO of Canon Europe said: “We look forward to working in partnership with the team at NT-Ware to develop solutions that add real value to our customers and further differentiate Canon from its competitors.”
Solution provider NT-Ware - Development potential
NT-Ware is based in Bad Iburg, Germany and has grown to a workforce of 23 highly skilled employees since it was established in 1998. Karsten Huster, Managing Director of NT-Ware added: “Canon is already a strategic business partner and major customer and we look forward to formalising our collaboration with them. The company’s reputation for technology innovation and huge focus on R&D offers exciting development potential for us and more importantly, promises unrivalled print and document management solutions for Canon’s customers.”
About Canon Europe
Canon Europe is a subsidiary of Canon Inc. of Japan, a world-leading innovator and provider of imaging technology solutions for individuals and businesses. The main business focus for Canon Europe is in two clearly defined markets: Business Solutions (developing IT products, solutions and services for the office and professional print environments) and Consumer Imaging (photo, video, Bubble Jet printers, scanners, fax machines and multifunction devices). Canon Europe also provides Industrial Products including broadcast lenses, semiconductor and medical equipment. Canon Europe employs in the region of 10,000 people across 19 countries.
About NT-Ware
NT-Ware delivers workflow and business process improvement solutions to the printing, manufacturing and retail industries. The company was established in 1998 and now employs 23 highly skilled staff at its head office in Bad Iburg, Germany. The NT-Ware resource portfolio is well suited for customers requiring expert project experience, extensive know-how, system drivers, embedded devices and truly innovative modular system architectures. Strategically, NT-Ware often partners with major manufacturers to funnel its technology to consumers.
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