Japan's Canon Buys Belgian Scanning Group IRIS For $92M.

Tonernews.com, September 20, 2012. USA

This topic has 0 replies, 1 voice, and was last updated 11 years, 6 months ago by Anonymous.

Viewing 1 post (of 1 total)

Author

Posts
#28147

Anonymous
Inactive

Japan’s Canon Buys Belgian Scanning Group IRIS For $92M.

– The European arm of Japan’s Canon Inc. will buy Belgian document recognition company IRIS for about 70 million euros ($92 million), the Belgian regulator said on Tuesday.

Canon, which already owns 17 percent of the company, will offer 44.50 euros per ordinary share and the bid will be conditional on the Japanese group being able to purchase 90 percent plus one share of the Belgian firm, the regulator added.IRIS, which makes products such as pen scanners and scanning software, had 2011 revenues of 121 million euros and employs more than 500 people located in 12 different locations, according to the group’s website.
Author

September 20, 2012 at 8:02 AM

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.