Océ and Konica Minolta end strategic alliance
Tuesday, February 16, 2010
Press release from the issuing company
Venlo, The Netherlands - Océ N.V. and Konica Minolta Holdings Inc. have reviewed their existing strategic alliance in light of the public offer made by Canon Inc.
Initiated by Konica Minolta, the joint development activities for cutsheet monochrome and color output systems for the production market have been stopped.
In good mutual consultation, both companies have reached a new OEM sales agreement under which Konica Minolta will continue to supply its office printing systems to Océ, and both Konica Minolta and Océ will continue to supply cutsheet production printing systems to each other.
Also, both companies will continue to supply consumables and parts and offer after-sales services for products sold under their former and new OEM sales agreement to serve their customers.