Canon Announces New Solutions-Focused Subsidiary

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In a move that may have been somewhat previewed (check out the last two paragraphs) during our recent meeting with Canon at the AIIM On Demand show in March, Canon USA has lauched a new, wholly owned subsidiary dedicated to expanding Canon’s overall solutions business.” Known as “Canon Information and Imaging Solutions, Canon USA “is targeting the company to exceed $500 million in sales by 2014.”
Imaging and records management, business process optimization, security, ERP, cloud computing, IT services, and healthcare are all mentioned in the release. It doesn’t say if M&A will be involved. Canon technology and that from leading “third party partners” will be utilized. We hope to have more on this in an upcoming premium issue.

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