Océ Becomes a Wholly Owned Canon Subsidiary, Lays Off Workers

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On March 26, Canon Inc. announced that Océ N.V. is now a wholly owned Canon subsidiary. As part of its integration into Canon, Océ has had to make some job cuts, most recently at the company’s headquarters in Venlo. Canon announced it would acquire Océ in 2009, but the Japanese company did not immediately acquire

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