Canon eyes super earnings

Japanese digital imaging firm Canon says it will integrate sales and distribution network of Dutch-based Oce, which it had acquired in 2009, in India and is eyeing a revenue of 100 rupees crore this year from its professional printing business, reports The Economic Times.

Canon had acquired Netherlands-based Oce in 2009 for about $1.1 billion. The company currently holds 90% stake in Oce. It operates in India through wholly-owned subsidiary, Canon India.

The Tokyo-based firm says the integration will expand its product portfolio and help enter into new segments, which includes book publishing, transactional printing like phone and credit card bills.

Stratasys plans to extend its 3D printer manufacturing agreement with HP after a successful partial introduction that began in Europe, reveals Design News.

Stratasys and HP co-developed exclusive 3D printer systems, which are being manufactured by Stratasys. HP unveiled its Designjet 3-D products last April, making it the only major manufacturer of 2D - or paper - printers in the 3D printer market. The products were initially sold in France, Germany, Italy, Spain and the UK.

"HP's orders exceeded their original forecasts," Stratasys CEO Scott Crump said in a 14 January presentation to the 13^th Annual Growth Conference held by Needham & Co in New York City.

State-of-the-art technology is visible throughout St Elizabeth Hospital in Enumclaw, the community's new hospital that will open for patient care on 2 February, notes the Courier Herald.

This is especially true in the diagnostic imaging department where patients will benefit from sophisticated imaging and diagnostic technologies never before available on the Enumclaw Plateau.

“Our new equipment will produce images with greater clarity and more detail than ever,” the hospital says.