Canon Plans to Acquire I.R.I.S. Group
Canon intends to acquire all shares, warrants and stock options of I.R.I.S. Group through an all cash public tender offer.
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Rokus van Iperen, president and CEO, Canon Europe, Middle East and Africa, explained: "We are excited about this new phase in our relationship with I.R.I.S. Group and [are] looking forward to bringing such a talented and innovative company into the Canon Group. Canon has identified business solutions and professional services as important focus areas for future growth and we believe this investment will bring long term opportunities to build on our success in the solutions and consultancy businesses to date. We will be working closely with I.R.I.S. Group, as a stand-alone company, to deliver more advanced solutions and services and greater customer value."
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