OKI Data Corporation established OKI Data Infotech Corporation by acquiring all SIIT shares held by SII. The new company began operating as a member of the OKI Group from October 1, 2015. On the same day, OKI Data Corporation’s overseas subsidiaries have completed the acquisition of the wide-format printer business and assets from SII companies. OKI Data Infotech will assume responsibility for all services and products in the wide format printer business currently provided by SII companies.
OKI Data Corporation positions the high-value-added printer business as its major growth area with the professional printer market being an important sector. Through this acquisition, OKI Data Corporation has not only acquired a portfolio of wide format inkjet printers for signs and LED graphic plotters, but also the corresponding technologies, development resources, and sales channels.
