TechTaffy

tech:

taffy

Canon Integrates American Subsidiary Companies

By TechTaffy Desk

[Techtaffy Newsdesk]

Canon U.S.A. has formed Canon Solutions America, a wholly owned subsidiary of Canon U.S.A., effective January 1, 2013. Integrating the business operations of Canon Business Solutions,  Océ North America,  and Océ Imagistics, this new name is reflective of the integration of Océ, first announced in 2010. Canon Solutions America will provide sales and support for Canon and Océ hardware, software and services targeting general office, production print and large format markets in the United States.

Joe Adachi, president and CEO of Canon U.S.A., will serve as chairman and CEO of Canon Solutions America. The headquarters for Canon Solutions America will be located on Long Island, N.Y., with offices located throughout the United States, including existing key Océ wide format printing systems and production printing systems locations in Chicago, Ill. and Boca Raton, Fla.

As part of the company’s overall integration efforts,  Océ Business Services,  a provider of digital document management technology, outsourcing and business process consulting services, will change its name to Canon Business Process Services, on January 1, 2013. Canon Business Process Services, headquartered in New York, will be headed by Joe Marciano, currently the president and CEO of Océ Business Services.

Océ Financial Services will merge into Canon Financial Services,  on January 1, 2013. Kris Tedo, senior vice president and chief financial officer of Canon U.S.A., will also serve as president of Canon Financial Services.

Also effective January 1, 2013, Océ Canada will become a subsidiary of Canon Canada, Océ Mexico will become a subsidiary of Canon Mexicana and Océ Brazil will become a subsidiary of Canon do Brasil.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.