KONICA MINOLTA TIES WITH OCE IN PRINTERS

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Date: Wednesday April 9, 2008 01:16:44 pm
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    Konica Minolta ties with Dutch Oce in printers
    TOKYO,
    April 08 – Japanese office equipment maker Konica Minolta Holdings Inc
    said on Monday it would develop and market office-use printers and
    production print systems with Dutch firm Oce NV The companies plan to
    jointly develop technology for the light to mid-range production print
    market, Konica Minolta said in a statement.

    Konica Minolta will
    also supply the Dutch photocopier and printer maker with office
    printers to sell under the Oce brand and the two companies will supply
    each other with production print systems for sale under their
    respective brands.Oce Chief Executive Rokus van Iperen told Reuters
    last week his company wanted to expand partnerships with Konica
    Minolta, Fujifilm Holdings’ (4901.T: Quote, Profile, Research) unit
    Fuji Xerox, and Canon Inc (7751.T: Quote, Profile, Research) to
    cross-sell printing machines.Oce, which has been by hit by sales
    declines in the U.S. financial and construction sectors, said last week
    it would be cutting an estimated 350 jobs worldwide

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