Posts tagged: two-byte

Canon to Acquire Showa Information Systems

Jim Hamilton
 Nov 16, 2011

Last week Canon announced its plans to acquire Showa Information Systems (SIS), a Japanese manufacturer of high-end printing systems. If the acquisition goes as Canon expects it to, the deal will involve the purchase of around 12 million shares at a price of 200 yen per share. This would make the total sale more than 2.4 billion yen or about $31 million. Canon expects the share acquisition to be completed around May of 2012. Canon has already concluded an agreement with Showa Information Systems’ largest shareholder (Mars Engineering Corporation), which owns about 26% of SIS.

SIS was established in 1973 and has been active in the development of Japanese language processing technologies for office printers, including what it describes as the world’s first kanji printer. With its SX series of printers it has also competed in high-speed continuous-feed printers for the data center printing. A key strength is its proprietary controller, whose technology may also be used for languages that use two-byte characters. Canon hopes to leverage this capability first in China.

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