(Source: Business Wire)

Canon Inc. (NYSE: CAJ) and HP (NYSE: HPQ) today announced an expanded
alliance to jointly market and distribute a new range of multifunction
office systems that unite the best of both companies: Canon's leading
multifunction devices and HP's enterprise printing and imaging assets.
The alliance builds on an established relationship between Canon and HP,
and positions the companies to offer customers a new class of
web-enabled solutions that combine Canon's superior multifunction device
processing and imaging systems with HP's leading device manageability,
IT integration and office workflow capabilities. With the broader range
of software and service offerings supported by EDS, an HP company, along
with Managed Print Services from HP and Canon's global Services and
Support offerings, enterprise customers now have access to one of the
most complete offerings in the industry, delivering improved
efficiencies and greater cost savings.
This alliance includes current and future product portfolios from both
companies, providing customers greater fleet compatibility across their
entire office printing infrastructures. Canon and HP also will benefit
from access to each other's management and third-party development
software portfolios, including Canon imageWARE Enterprise Management
Console and Canon MEAP as well as HP Web Jetadmin and the HP Open
Extensibility Platform. The expanded portfolio of products and services
is expected to be available to customers in North America and Europe, as
well as global customers from these regions.
"Through this new alliance with HP, we look forward to bringing the
advantages of Canon's high-versatility, high-performance multifunction
products to an expanded user base," said Masaki Nakaoka, managing
director and chief executive, Office Imaging Products Operations, Canon
Inc. "We expect this will maximize benefits for both companies'
customers while also paving the way to increased growth for both Canon
and HP."
"HP has long been an industry leader with a portfolio of products,
software, services and solutions that enable enterprise customers
worldwide to improve their imaging and printing efficiencies without
compromising the reliability, quality or professionalism of their
documents," said David Murphy, senior vice president, Imaging and
Printing Group, HP. "In growing our relationship with Canon to offer
customers value-added and more holistic IT solutions, we are confident
organizations will enhance productivity with their imaging and printing
and overall business workflow needs."
About Canon Inc.
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